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2018 Massachusetts General Laws
PART I ADMINISTRATION OF THE GOVERNMENT
TITLE XXII CORPORATIONS
Chapter 179 PROPRIETORS OF WHARVES, REAL ESTATE LYING IN COMMON, AND GENERAL FIELDS
Section 16 Termination of corporation
Universal Citation: MA Gen L ch 179 § 16 (2018)
Section 16. A final division of the common property shall not dissolve the corporation until the expiration of ten years thereafter; but the proprietors at the time of the division and their heirs shall retain their corporate powers for the purpose of collecting all assessments, debts and effects due or belonging to the corporation, and shall be liable for its debts.
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