Be it enacted by the Senate and House of Representatives
in General Court assembled, and by the authority of the same,
SECTION 1. Section 4 of chapter 798 of the acts of 1985 is hereby amended by striking out the first sentence and inserting in place thereof the following sentence:- The affairs of the corporation shall be managed by a board of directors in accordance with the provisions of chapter one hundred and sixty of the General Laws; provided, however, that the corporation shall be exempt from the provisions of section forty-seven of said chapter one hundred and sixty.
SECTION 2. Section 7 of said chapter 798 is hereby amended by striking out, in line 5, the word "five" and inserting in place thereof the word:- ten.