Mass. Gen. Laws ch. 156D § 1.50

Current through Chapter 223 of the 2024 Legislative Session
Section 156D:1.50 - Interpretation of chapter

In interpreting this chapter, in the absence of controlling Massachusetts precedent on any matter, consideration shall be given to the following:

Inasmuch as predictability is important in the conduct of the affairs of Massachusetts corporations and in their relations with corporations organized under the laws of other jurisdictions, significant weight shall be given to the interpretations of courts of other jurisdictions of substantially equivalent provisions of the corporate laws of such other jurisdictions.

Mass. Gen. Laws ch. 156D, § 1.50

Amended by Acts 2008, c. 451,§ 97, eff. 1/5/2009.
Added by Acts 2003, c. 127, § 17, eff. 7/1/2004.