Mass. Gen. Laws ch. 156A § 15

Current through Chapter 89 of the 2024 Legislative Session
Section 156A:15 - Dissolution

If action required by sections twelve or thirteen is not taken within the prescribed time period, or if it shall be established that a professional corporation has failed to comply with any other provisions of this chapter, the state secretary may dissolve the corporation in accordance with section one hundred and one of chapter one hundred and fifty-six B. The state secretary may also dissolve a professional corporation upon receipt of a certificate from any regulating board with jurisdiction stating that such corporation has failed to comply with the requirements of such board so as to give due cause for its dissolution, which certificate shall recite pertinent facts to support the requested dissolution. A copy of such certificate shall be given to such corporation at least sixty days in advance of said dissolution.

Mass. Gen. Laws ch. 156A, § 15

Amended by Acts 2004, c. 178,§ 21, eff. 7/1/2004.