Section 11. A corporation which does not constitute a public charity and which desires to close its affairs may, unless otherwise provided in its articles of organization, by the vote of a majority of its members legally qualified to vote in meetings of the corporation, authorize a petition for its dissolution to be filed in the supreme judicial or superior court setting forth in substance the grounds of the application; and after such notice as the court may order and after hearing, the court may decree a dissolution of the corporation. Upon any dissolution in accordance with this chapter, the existence of the corporation shall cease, subject to applicable provisions of law for continuation to close its affairs, for the appointment of receivers and for revival.
Upon dissolution of a corporation in accordance with this chapter, the clerk of the court in which the decree therefor is entered shall forthwith make return thereof to the state secretary giving the name of the corporation and the date upon which such decree was entered. The state secretary shall thereupon notify the person shown by his records to have last served as clerk of the corporation of the entry of such decree and the date thereof.
Structure Massachusetts General Laws
Part I - Administration of the Government
Chapter 180 - Corporations for Charitable and Certain Other Purposes
Section 1 - Application of Chapter
Section 3a - Correction of Inaccurate Corporate Records; Filing
Section 4a - Credit Counseling Services; Practice of Law
Section 6 - Corporate Powers; Religious Corporations; Indemnification of Officers, Et Al.
Section 6a - By-Laws; Contents
Section 6c - Directors, Officers or Incorporators; Good Faith Performance of Duties; Liability
Section 6d - Filing Certificate of Change Regarding Powers of Directors, Etc.
Section 9 - Evidence of Corporate Existence
Section 10 - Consolidation and Merger; Agreement; Submission of Articles; Filing Copy of Articles
Section 10b - Consolidation and Merger; Effect; Amendments
Section 10c - Application of Laws; Exception
Section 11 - Dissolution; Non-Charitable Corporation
Section 11a - Dissolution; Voluntary; Charitable Corporation
Section 15 - Trade or Employment Organizations
Section 16 - Approval of Certificate of Organization
Section 17d - School Teachers; Payroll Deductions for Income Protection Insurance Premiums
Section 17h - Public Employees; Payroll Deductions for Periodic Pass for Public Transportation
Section 17i - Payroll Deductions for Public School Teachers
Section 17j - Public Employees; Payroll Deductions for Insurance or Employee Benefits
Section 17l - Public Employee; Payroll Deductions for Qualified State Tuition Program
Section 18 - Expulsion of Member; Examination of Books by Member
Section 19 - Fines Imposed on Members by Unions
Section 20 - Medical Milk Commission; Formation; Definition
Section 21 - Medical Milk Commission; Naming and Designation of Town Where Established
Section 22 - Salary, Emolument or Other Compensation Received by Member From Dairymen Prohibited
Section 23 - Contracts for Production of Milk
Section 24 - Investigatory Powers of Department of Public Health
Section 25 - Violations; Penalty
Section 26 - Change of Location by Certain Corporations
Section 26a - Annual Statements; Required Information; Certification; Fee; Violations; Penalties
Section 26b - Corporation in Good Standing; Certificate
Section 27 - Conviction Under Liquor or Gambling Laws; Voiding Charter
Section 28 - Conviction of Conducting Illegal Match; Voiding of Charter of Club or Organization
Section 29 - Local Regulation of Entertainments, Dances, Etc.