Mass. Gen. Laws ch. 156E § 6

Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session
Section 156E:6 - Termination of benefit status

A benefit corporation may terminate its status as a benefit corporation and cease to be subject to this chapter by amending its articles of organization to delete the statement required by sections 4 and 5 that the corporation is a benefit corporation. In order to be effective, the amendment shall be adopted by at least the minimum status vote.

Mass. Gen. Laws ch. 156E, § 6

Added by Acts 2012, c. 238,§ 52, eff. 12/1/2012.