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3 sections in this chapter.
Mass. Gen. Laws ch. 23M, § 1 Definitions
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Section 1. As used in this chapter, the following words shall, unless the context clearly requires otherwise, have the following meanings,: ''Agency'', the Massachusetts Development Finance Agency as established in chapter 23G. ''Benefitted property owner'', an owner of qualifyin…
Mass. Gen. Laws ch. 23M, § 2 Option of municipalities to participate in commercial sustainable energy program
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Section 2. Each municipality in the commonwealth shall have the option to participate in the commercial sustainable energy program as a participating municipality by a majority vote of the city or town council, by a majority vote of the board of selectmen or by resolution of its …
Mass. Gen. Laws ch. 23M, § 3 Establishment of commercial sustainable energy program; PACE bonds; procedure upon financing request by benefited property owner; financing and assessment agreement; term and amortization schedule; recording of agreement; lien on property; sale or assignment of lien; tax obligation upon property or income acquired by agency; review of program; rules and regulations
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Section 3. (a)(1) The agency, in consultation with the department, shall establish a commercial sustainable energy program in the commonwealth, and in furtherance thereof, is authorized to issue PACE bonds, either directly or through a special purpose entity, and to establish and…
