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Form a Business

Corporations dealing with real estate; duration

M.G.L. c. 156, § 7
in effect
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c. 156, § 7. Corporations dealing with real estate; duration Section 7. The agreement of association of any corporation formed for the purpose of acquiring, holding, managing, improving, leasing, buying and selling real estate, except a corporation formed for the purpose of owning forest land classified under chapter sixty-one, shall state the term of duration of the corporation, which shall not exceed fifty years.
Source: Massachusetts General Court (malegislature.gov)URL: https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter156/Section7Fetched: 10/20/2026

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