This chapter applies to all cooperative housing corporations organized under it. Any corporation organized under any other chapter of the general laws may become a cooperative housing corporation by adopting an amendment to its articles electing to become subject to this chapter and by adopting any further amendment necessary to comply with this chapter. The amendment must be adopted and filed and is effective according to the chapter under which the corporation was organized before acceptance of this chapter.
History of Section.
P.L. 1986, ch. 256, § 1.