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Code · Massachusetts · Part I — ADMINISTRATION OF THE GOVERNMENT · Title XXII — CORPORATIONS · Chapter 156D

Section 15.21: Automatic withdrawal upon certain conversions

45 words·~1 min read·/ma/part-i/title-xxii/chapter-156d/15-13·

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Section 15.21. AUTOMATIC WITHDRAWAL UPON CERTAIN CONVERSIONS
A foreign business corporation authorized to transact business in the commonwealth that converts into a domestic nonprofit corporation or any form of domestic filing entity shall be considered to have withdrawn on the effective date of the conversion.
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