General Laws of Massachusetts (Last Updated: January 16, 2020) |
PART I ADMINISTRATION OF THE GOVERNMENT |
TITLE XXII. CORPORATIONS |
CHAPTER 165. WATER AND AQUEDUCT COMPANIES |
SECTION 21. Continuing liability on contracts after dissolution
Latest version.
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Contracts made by or with such a corporation shall remain in force after its dissolution, and the shareholders at such dissolution shall continue liable and capable as a corporation in all its suits relative to such contracts until they are performed, if suit is commenced within six years after the dissolution or after the right of action accrued.