Massachusetts General Laws ch. 114 sec. 1A – Organization of cemetery corporations
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Section 1A. Five or more persons desirous of procuring, establishing and preparing a cemetery, or who are the majority in interest of the proprietors of an existing cemetery, may organize as a corporation, not for profit, in the manner provided in chapter 179; provided, however, that the corporation shall not sell or impair the right of a proprietor of an existing cemetery.
Terms Used In Massachusetts General Laws ch. 114 sec. 1A
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.