LegalFix

Section 6 - Termination of Status as Benefit Corporation

MA Gen L ch 156e § 6 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Section 6. A benefit corporation may terminate its status as a benefit corporation and cease to be subject to this chapter by amending its articles of organization to delete the statement required by sections 4 and 5 that the corporation is a benefit corporation. In order to be effective, the amendment shall be adopted by at least the minimum status vote.