Mass. Gen. Laws ch. 156A § 16

Current through Chapter 89 of the 2024 Legislative Session
Section 156A:16 - Merger or consolidation with another corporation
(a) Except as provided in section fourteen, a professional corporation may merge or consolidate with another corporation, domestic or foreign, only if every shareholder of each corporation is a qualified person with respect to the surviving or resulting corporation.
(b) Upon the merger or consolidation of a professional corporation, if the surviving or resulting corporation is to render professional services in the commonwealth, it shall comply with the provisions of this chapter.

Mass. Gen. Laws ch. 156A, § 16