Massachusetts General Laws ch. 156B sec. 9A – Partnership
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Section 9A. If and to the extent authorized by its articles of organization, a corporation may be a partner in any business enterprise which said corporation would have power to conduct by itself.
Terms Used In Massachusetts General Laws ch. 156B sec. 9A
- 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.