Massachusetts General Laws ch. 105 sec. 2C – Public warehouses; license exemption
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Section 2C. Notwithstanding the foregoing provisions of this chapter, persons, or corporations established under the laws of, and having their places of business within, the commonwealth, may keep and maintain a public warehouse on the premises of any other person or corporation for the storage therein, under contract, of goods, wares and merchandise of such other person or corporation, without being licensed under this chapter.
Terms Used In Massachusetts General Laws ch. 105 sec. 2C
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.