Tagged

I have been tagged by Michael over at Continuing Adventures of a Jedi Mastr. Anyway here are the rules:• Pick up the nearest book of at least 123 pages• Open the book to page 123• Find the 5th sentence• Post the next 3 sentences• Tag 5 more people . So, I'm sorry folks but I am at work. The closest book is the New Massachusetts Business Corporation Act:

Any shareholder's total liability for all claims under this section on account of distributions in liquidation may not exceed the total amount of assets distributed to the shareholder in liquidation.

A proceeding by or on behalf of the corporation under this section is barred unless it is commenced by: (1) in the case of a distribution not in liquidation, 2 years after the date on which the efffect o the challenged distribution was measured under subsection (e) or (g) of section 6.40; (2) in the case of a distribution in liquidation by a corporation in dissolution under PART 14, the later of the time specified in the preceding clause (1) and 6 months after the end of the two-year period referred to in subsection (d); or (3) in the case of distribution in liquidation by a corporation not in dissolution, as described in the second clause in the last sentence of subsection (h) of section 6.40, three years after the date on which the effect of the challenged distribution was measured under subsection (e) or (g) of section 6.40.


A proceeding under subsection (b) against a director of contribution or against a shareholder for reimbursement is barred unless it is commenced by the later fo (1) two years after the date on which the effect of the challenged distribuito was measured under subsection (e) or (g) fo section 6.40, and (2) 6 months after payment to the corporation on account of liability under subsection (a) of this section by the party seeking contribution or reimbursement.

NOW YOU KNOW WHY I DRANK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Who to tag: How about Pammy, Judith, Scout, MC, and Syd