Section 18. A corporation organized under the provisions of section ten, and any corporation, association or organization now or hereafter established, organized or chartered without capital stock for a similar purpose under laws other than those of this commonwealth, shall not be liable to taxation under the provisions of chapter sixty-three, but shall be taxable under the provisions of chapter fifty-nine, in the same manner and to the same extent as an individual or partnership. The fee for filing the articles of organization required by section ten, including the issuing by the state secretary of the certificate of incorporation, shall be determined annually by the commissioner of administration under the provision of section three B of chapter seven.
Structure Massachusetts General Laws
Part I - Administration of the Government
Chapter 157 - Co-Operative Corporations
Section 1 - Co-Operative Business Corporation
Section 2 - Distribution of Earnings or Profits; Sinking Fund; Limitation Upon Shares Held
Section 3 - Co-Operative Agricultural, Dairy or Mercantile Associations; Name
Section 3b - Direct-Charge Cooperatives
Section 4 - Capital Stock; Powers; By-Laws; Meetings
Section 5 - Investment of Reserve Fund
Section 6 - Apportionment of Earnings
Section 8 - Use of Word Co-Operative in Connection With Other Businesses; Penalty
Section 9 - Fee for Filing Articles of Organization
Section 11 - Powers of Corporations Organized Under Sec. 10
Section 12 - First Meeting; Selection of Directors
Section 13 - Scope of By-Laws; Amendment or Repeal of By-Law
Section 15 - Amendment or Alteration of Articles of Organization
Section 16 - Marketing Contracts Between Corporation and Members
Section 17 - Marketing Contracts; Provisions for Liquidated Damages; Injunction for Breach