2019 Massachusetts General Laws
Part I - Administration of the Government
Title XXII - Corporations
Chapter 156 - Business Corporations
Section 7 - Corporations Dealing With Real Estate; Duration

Universal Citation: MA Gen L ch 156 § 7 (2019)

Section 7. The agreement of association of any corporation formed for the purpose of acquiring, holding, managing, improving, leasing, buying and selling real estate, except a corporation formed for the purpose of owning forest land classified under chapter sixty-one, shall state the term of duration of the corporation, which shall not exceed fifty years.

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