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PART I. ADMINISTRATION OF THE GOVERNMENT

TITLE XXII. CORPORATIONS

CHAPTER 182. VOLUNTARY ASSOCIATIONS AND CERTAIN TRUSTS

Chapter 182: Section 1. Definitions

[ Text of section effective until April 15, 2009. For text effective April 15, 2009, see below.]

  Section 1. The following words, as used in this chapter, shall, except as otherwise expressly provided in section two A, have the following meanings: "Association'', a voluntary association under a written instrument or declaration of trust, the beneficial interest under which is divided into transferable certificates of participation or shares. "Secretary'', the state secretary. "Department'', the department of telecommunications and energy. When used in sections two to seven, inclusive, and twelve to fourteen, inclusive, of this chapter, the word "trust'' shall, except as otherwise expressly provided in section two A, mean a trust operating under a written instrument or declaration of trust, the beneficial interest under which is divided into transferable certificates of participation or shares, other than a trust established for the sole purpose of exercising the voting rights pertaining to corporate stock or other securities in accordance with the terms of a written instrument.

Chapter 182: Section 1. Definitions

[ Text of section as amended by 2008, 522, Sec. 39 effective April 15, 2009. For text effective until April 15, 2009, see above.]

  Section 1. The following words, as used in this chapter, shall, except as otherwise expressly provided in section two A, have the following meanings: "Association'', a voluntary association under a written instrument or declaration of trust, the beneficial interest under which is divided into transferable certificates of participation or shares. "Secretary'', the state secretary. "Department'', the department of public utilities or the department of telecommunications and cable. When used in sections two to seven, inclusive, and twelve to fourteen, inclusive, of this chapter, the word "trust'' shall, except as otherwise expressly provided in section two A, mean a trust operating under a written instrument or declaration of trust, the beneficial interest under which is divided into transferable certificates of participation or shares, other than a trust established for the sole purpose of exercising the voting rights pertaining to corporate stock or other securities in accordance with the terms of a written instrument.