Session Laws

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 6 of chapter 180 of the General Laws, as appearing in the 1984 Official Edition, is hereby amended by striking out the second sentence and inserting in place thereof the following two sentences:- Except as otherwise provided in the articles of organization, every corporation shall have in furtherance of its corporate purposes all the powers specified in section nine of chapter one hundred and fifty-six B except those provided in paragraph (m). To the extent provided in its articles of organization, the corporation shall have the powers specified in sections nine A and nine B of said chapter one hundred and fifty-six B.

SECTION 2. Section 26A of said chapter 180, as so appearing, is hereby amended by striking out, in lines 8 to 12, inclusive, the words "and sworn to by its president and treasurer, or its presiding and financial officers having the powers of president and treasurer, and a majority of its directors, or officers having the powers of directors, but if such majority is more than five then by at least five" and inserting in place thereof the words:- under the penalties of perjury by an officer of such corporation,.