Section 15.21 - Automatic Withdrawal Upon Certain Conversions

MA Gen L ch 156d § 15.21 (2019) (N/A)
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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that converts into a domestic nonprofit corporation or any form of domestic filing entity shall be considered to have withdrawn on the effective date of the conversion.