General Laws of Massachusetts - Chapter 156 Business Corporations. - Section 1 Definitions
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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.
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Last modified: March 17, 2010
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