Section 21: Continuing liability on contracts after dissolution
60 words·~1 min read·
/ma/part-i/title-xxii/chapter-165/21·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 21. Contracts made by or with such a corporation shall remain in force after its dissolution, and the shareholders at such dissolution shall continue liable and capable as a corporation in all its suits relative to such contracts until they are performed, if suit is commenced within six years after the dissolution or after the right of action accrued.