Section 115: Conveyance of land
87 words·~1 min read·
/ma/part-i/title-xxii/chapter-156b/115·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 115. Any recordable instrument purporting to affect an interest in real estate, executed in the name of a corporation by the president or a vice president and the treasurer or an assistant treasurer, who may be one and the same person, shall be binding on the corporation in favor of a purchaser or other person relying in good faith on such instrument notwithstanding inconsistent provisions of the articles of organization, certificate of incorporation, charter, special act of incorporation, constitution, by-laws, resolutions or votes of the corporation.