[ Section heading effective until January 5, 2009. For text effective January 5, 2009, see below.]
Section 1.50. INTERPRETATION OF ACT
[ Section heading as amended by 2008, 451, Sec. 97, effective January 5, 2009. For text effective until January 5, 2009, see above.]
Section 1.50. INTERPRETATION OF CHAPTER
In interpreting this chapter, in the absence of controlling Massachusetts precedent on any matter, consideration shall be given to the following:
Inasmuch as predictability is important in the conduct of the affairs of Massachusetts corporations and in their relations with corporations organized under the laws of other jurisdictions, significant weight shall be given to the interpretations of courts of other jurisdictions of substantially equivalent provisions of the corporate laws of such other jurisdictions.