Mass. Gen. Laws ch. 157B § 12

Current through Chapter 223 of the 2024 Legislative Session
Section 157B:12 - Termination of proprietary leases

A cooperative corporation may terminate all of its proprietary leases, but only by agreement of proprietary lessees holding at least 80 per cent of its stock or any larger percentage the specified in the articles or by-laws.

Mass. Gen. Laws ch. 157B, § 12