Massachusetts § 50 - Children's Trust Fund
Full text of Massachusetts Massachusetts General Laws § 50 — Children's Trust Fund, with citation guidance and answers to common questions.
§ 50. Children's Trust Fund
Section 50. There shall be established upon the books of the commonwealth a separate fund to be known as the Children's Trust Fund, which shall not be subject to further appropriation. Said fund shall be expended for the purposes set forth in the fourth paragraph of section two hundred and two and subsections (1) to (9), inclusive, of section two hundred and three of chapter six.
The child abuse prevention board, established pursuant to section two hundred and two and two hundred and three of chapter six, is authorized to receive and expend monies received from (1) state appropriations; (2) gifts, grants and donations from public or private sources; (3) federal reimbursements, grants-in-aid, or other monies credited or transferred from any other fund or source pursuant to law; (4) and any interest earned from the Children's Trust Fund. Such funds shall be impressed with a trust and held for said board in the Children's Trust Fund. The treasurer may receive, deposit and invest funds held for said board in a manner that will insure the highest interest rate available consistent with the safety of said Children's Trust Fund.
The books and records of the Children's Trust Fund shall be subject to an audit by the state auditor, in accordance with generally accepted government auditing standards, as often as the state auditor determines is necessary.
The comptroller is hereby authorized to transfer to the Children's Trust Fund all monies, including interest, in the Child Abuse Prevention Fund.
Frequently Asked Questions About Massachusetts § 50
What does Massachusetts General Laws § 50 cover?
Section 50 ("Children's Trust Fund") is part of the Massachusetts General Laws, the codified statutory law of Massachusetts. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Massachusetts § 50?
A common citation format is "Massachusetts General Laws § 50" (Massachusetts). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Massachusetts law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Massachusetts official source linked on this page or consult a licensed Massachusetts attorney.
How does Massachusetts § 50 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Massachusetts can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Massachusetts.