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PART I. ADMINISTRATION OF THE GOVERNMENT

TITLE XXII. CORPORATIONS

CHAPTER 165. WATER AND AQUEDUCT COMPANIES

AQUEDUCT COMPANIES

Chapter 165: Section 23. Interest of shareholders in real property after dissolution

Section 23. If the corporation at its dissolution is seized of real estate, the proprietors shall become tenants in common thereof in proportion to their respective shares or interests in the stock of the corporation.