Massachusetts § 16 Termination of corporation

Massachusetts Statutes

§ 16 — Termination of corporation

Massachusetts § 16

Part IADMINISTRATION OF THE GOVERNMENT

Title XXIICORPORATIONS

Ch. 179PROPRIETORS OF WHARVES, REAL ESTATE LYING IN COMMON, AND GENERAL FIELDS

This text of Massachusetts § 16 (Termination of corporation) is published on Counsel Stack Legal Research, covering Massachusetts primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mass. Gen. Laws ch. 179, § 16 (2026).

Text

Section 16. A final division of the common property shall not dissolve the corporation until the expiration of ten years thereafter; but the proprietors at the time of the division and their heirs shall retain their corporate powers for the purpose of collecting all assessments, debts and effects due or belonging to the corporation, and shall be liable for its debts.

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Bluebook (online)

Massachusetts § 16, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/179/16.