950 CMR, § 104.02
For the purpose of 950 CMR 104.00 and the forms issued to implement it, unless the context otherwise indicates: "corporations" means all corporations established, organized, or chartered under the General Laws of the Commonwealth having capital stock whether established before or after October 1, 1965 for the purpose of carrying on business for profit with the following exceptions:
(a) corporations established by any special acts of incorporation enacted before March 11, 1831 and not subject to amendment, alteration or repeal by the general court if application of M.G.L. c. 156B would be inconsistent with provisions still in force of any special act of incorporation;
(b) corporations organized for the purpose of carrying on the business of a bank, savings bank, cooperative bank, trust company, credit union, surety or indemnity company, or safe deposit company, or for the purpose of carrying on within the Commonwealth the business of an insurance company, railroad, electric railroad, street railway or trolley motor company, telegraph or telephone company, gas or electric light, heat or power company, canal, aqueduct or water company, cemetery or crematory company, and any other corporations which on October 1, 1965 have or may thereafter have the right to take land within the Commonwealth by eminent domain or to exercise franchises in public ways granted by the Commonwealth or by any county, city, or town and corporations subject to M.G.L. chs. 157 and 157A.
950 CMR, § 104.02