There is a newer version of the Massachusetts General Laws
2012 Massachusetts General Laws
PART I ADMINISTRATION OF THE GOVERNMENT(Chapters 1 through 182)
TITLE VII CITIES, TOWNS AND DISTRICTS
CHAPTER 40N MODEL WATER AND SEWER COMMISSION
Section 15 Moneys received deemed to be trust funds
MA Gen L ch 40N § 15 What's This?
Section 15. All moneys received pursuant to the provisions of this chapter, whether as proceeds from the issue of bonds or as revenues or otherwise, shall be deemed to be trust funds to be held and applied solely as provided in this chapter.
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