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Form a Business

Automatic withdrawal upon certain conversions

M.G.L. c. 156D, § 15.21
in effect
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c. 156D, § 15.21. Automatic withdrawal upon certain conversions 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that converts into a domestic nonprofit corporation or any form of domestic filing entity shall be considered to have withdrawn on the effective date of the conversion.
Source: Massachusetts General Court (malegislature.gov)URL: https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter156D/Section15.21Fetched: 10/20/2026

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