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Session Laws

1992

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CHAPTER 366 AN ACT RELATIVE TO THE MASSACHUSETTS HOUSING FINANCE AGENCY.

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

Paragraph (b) of section 8 of chapter 708 of the acts of 1966 is hereby amended by striking out the last sentence, as most recently amended by section 2 of chapter 581 of the acts of 1989, and inserting in place thereof the following sentence:- The aggregate principal amount of notes and bonds of the MHFA and the MHMFA issued to make loans pursuant to section five A of this chapter and chapter eight hundred and forty-six of the acts of nineteen hundred and seventy-four outstanding at any one time shall not exceed the sum of one billion seven hundred million dollars.

Approved January 12, 1993.