Massachusetts Statutes
§ 23 — Incubator facilities; tenant businesses; time limitation
Massachusetts § 23
JurisdictionMassachusetts
Part IADMINISTRATION OF THE GOVERNMENT
Title IIEXECUTIVE AND ADMINISTRATIVE OFFICERS OF THE COMMONWEALTH
Ch. 23GTHE MASSACHUSETTS DEVELOPMENT FINANCE AGENCY
This text of Massachusetts § 23 (Incubator facilities; tenant businesses; time limitation) 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. 23G, § 23 (2026).
Text
Section 23. The incubator sponsor shall require tenant businesses to leave the incubator facility within five years. The incubator sponsor, upon determination by the governing board of the incubator facility, may allow a tenant business a limited extension of time beyond the five year period to remain in the incubator. The considerations shall include, but not be limited to, available space in the facility; the achievement of financial viability within the extension period; and the inadequacy or lack of affordable space, with good faith substantiation of an effort to secure reasonable relocation space.
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Bluebook (online)
Massachusetts § 23, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/23G/23.