Massachusetts General Laws ch. 221 sec. 46D – Credit counseling corporations, applicability of Secs. 46 to 46C
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Section 46D. The provisions of sections forty-six, forty-six A, forty-six B and forty-six C shall not apply to a corporation, or its agents, which has been organized under the provisions of chapter one hundred and eighty for the purpose of providing credit counseling.
Terms Used In Massachusetts General Laws ch. 221 sec. 46D
- 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.