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Session Laws

1986

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CHAPTER 576 AN ACT RELATIVE TO ARTICLES OF ORGANIZATION OF CERTAIN BUSINESS CORPORATIONS.

Whereas, The deferred operation of this act would tend to defeat its purpose, which is to immediately effectuate the orderly filing of amendments of articles of organization of certain business corporations, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

SECTION 1. Section 72 of chapter 156B of the General Laws, as appearing in the 1984 Official Edition, is hereby amended by striking out the first sentence and inserting in place thereof the following sentence:- After any meeting at which any amendment of the articles of organization has been adopted, articles of amendment signed under the penalties of perjury by the president or any vice president and by the clerk or assistant clerk, setting forth such amendment and the due adoption thereof, shall be submitted to the state secretary.

SECTION 2. Section 74 of said chapter 156B, as so appearing, is hereby amended by striking out the fourth sentence and inserting in place thereof the following sentence:- After any meeting at which restated articles of organization have been adopted, such restated articles, signed under the penalties of perjury by the president or any vice president and by the clerk or assistant clerk, shall be submitted to the state secretary.

SECTION 3. The provisions of this act shall be applicable to articles of amendment and restated articles of organization submitted to the state secretary subsequent to the effective date of this act, regardless of whether such articles of amendment or restated articles were authorized or adopted at any time prior to the effective date of this act.

Approved December 9, 1986.