There is a newer version of the Massachusetts General Laws
2006 Massachusetts Code - CHAPTER 156B. — CERTAIN BUSINESS CORPORATIONS.
- Chapter 156B — Section 1. Citation of chapter.
- Chapter 156B — Section 2. Definitions; corporation; articles of organization.
- Chapter 156B — Section 3. Application; exceptions.
- Chapter 156B — Section 4. Rights and liabilities of existing corporations, directors, officers andstockholders.
- Chapter 156B — Section 5. Adoption of chapter by certain corporations created by special act,liability for debts.
- Chapter 156B — Section 6. State secretary; duties.
- Chapter 156B — Section 6A. Correction of inaccurate corporate records; filing.
- Chapter 156B — Section 7. Change of law; effect.
- Chapter 156B — Section 8. Voting by stockholders; effect of articles of organization or by-laws.
- Chapter 156B — Section 9. Corporate powers; exceptions.
- Chapter 156B — Section 9A. Partnership.
- Chapter 156B — Section 9B. Contracts of guarantee and suretyship.
- Chapter 156B — Section 10. Unauthorized exercise of franchise or privilege or transaction ofbusiness; injunction.
- Chapter 156B — Section 11. Name.
- Chapter 156B — Section 12. First meeting; by-laws; officers; consent to action; articles oforganization.
- Chapter 156B — Section 13. Articles of organization; contents.
- Chapter 156B — Section 14. Change of principal office.
- Chapter 156B — Section 15. Limitation on stock holdings in certain other corporations.
- Chapter 156B — Section 16. Scope of by-laws.
- Chapter 156B — Section 17. Power to make, amend and repeal by-laws.
- Chapter 156B — Section 18. Consideration for issuance of stock.
- Chapter 156B — Section 19. Payment for stock; cash or instalments; record; transfer.
- Chapter 156B — Section 20. Pre-emptive rights.
- Chapter 156B — Section 21. Unissued shares; authority to issue; consideration.
- Chapter 156B — Section 21A. Reacquired shares; restoration to unissued share status.
- Chapter 156B — Section 22. Terms of payment; demand; notice of payment due.
- Chapter 156B — Section 23. Stockholders' liability.
- Chapter 156B — Section 24. Default of subscriber; sale; deficiency or surplus; action; forfeiture.
- Chapter 156B — Section 25. Default in instalment payments; sale; surplus or deficiency; action;forfeiture; dividends on forfeited shares.
- Chapter 156B — Section 26. Division of class of stock into series; variations; reissue of restoredshares; filing of certificate.
- Chapter 156B — Section 27. Certificates for shares held.
- Chapter 156B — Section 28. Fractional shares; scrip; dividends and voting rights; exchange or sale.
- Chapter 156B — Section 29. Replacement of certificates.
- Chapter 156B — Section 30. Certificate for stock transferred as collateral security.
- Chapter 156B — Section 31. Unclaimed dividends; publication.
- Chapter 156B — Section 32. Location of records; stock and transfer records, evidence, exhibition orrefusal, court order.
- Chapter 156B — Section 32A. Terms and conditions of issued rights or options.
- Chapter 156B — Section 33. Annual stockholders' meeting.
- Chapter 156B — Section 34. Special stockholders' meeting.
- Chapter 156B — Section 35. Place of stockholders' meetings.
- Chapter 156B — Section 36. Notice of stockholders' meeting.
- Chapter 156B — Section 37. Waiver of notice.
- Chapter 156B — Section 38. Repealed, 1986, 186, Sec. 7.
- Chapter 156B — Section 38A. Filing of certificate.
- Chapter 156B — Section 39. Quorum.
- Chapter 156B — Section 40. Voting by corporation.
- Chapter 156B — Section 41. Stockholders' voting rights; proxy regulations.
- Chapter 156B — Section 41A. Agreements for voting shares.
- Chapter 156B — Section 42. Record date; closing transfer books.
- Chapter 156B — Section 43. Consent in lieu of stockholders' meeting; effect.
- Chapter 156B — Section 44. Exercise of stockholders' rights by incorporators prior to stock issuance.
- Chapter 156B — Section 45. Stockholders' liability on distribution causing insolvency or bankruptcy.
- Chapter 156B — Section 46. Stockholder's action; qualifications of plaintiff.
- Chapter 156B — Section 47. Directors; number; election; qualifications.
- Chapter 156B — Section 48. Election or appointment of officers; qualifications; bonds; records ofproceedings.
- Chapter 156B — Section 49. Resident agent.
- Chapter 156B — Section 50. Term of officers and directors; contingent term; vacancy.
- Chapter 156B — Section 50A. Directors; staggered terms; election for exemption; vacancies.
- Chapter 156B — Section 51. Removal of officers and directors.
- Chapter 156B — Section 52. Filling vacancies.
- Chapter 156B — Section 53. Certificate of change in officers or directors; forfeiture for failure tofile.
- Chapter 156B — Section 54. Powers of directors.
- Chapter 156B — Section 55. Committees; delegation of powers.
- Chapter 156B — Section 56. Meetings of directors; necessity of notice.
- Chapter 156B — Section 57. Quorum at directors' meeting.
- Chapter 156B — Section 58. Notice of directors' meeting.
- Chapter 156B — Section 59. Consent in lieu of directors' meeting; effect; telephone conferencemeetings.
- Chapter 156B — Section 60. Improper stock issue; liability of directors.
- Chapter 156B — Section 61. Unauthorized distributions; liability of directors.
- Chapter 156B — Section 62. Loans to insiders; liability of officers and directors.
- Chapter 156B — Section 63. False statement or report; liability of officers.
- Chapter 156B — Section 64. False articles; liability of officers and incorporators.
- Chapter 156B — Section 65. Good faith and prudence as defense.
- Chapter 156B — Section 66. Contribution.
- Chapter 156B — Section 67. Indemnification of officers and directors.
- Chapter 156B — Section 68. False statement or report; domestic; punishment.
- Chapter 156B — Section 69. False statement or report; other state or country; punishment.
- Chapter 156B — Section 70. Amendments authorized by majority vote.
- Chapter 156B — Section 71. Amendment of articles of organization; authorization by corporation.
- Chapter 156B — Section 72. Articles of amendment; filing; when effective.
- Chapter 156B — Section 73. Amendment on reorganization.
- Chapter 156B — Section 74. Restatement of articles of organization; vote; filing; contents; timeeffective.
- Chapter 156B — Section 75. Mortgage or disposal of assets; vote; notice of meeting.
- Chapter 156B — Section 76. Dissenting stockholder; right to demand payment for stock.
- Chapter 156B — Section 77. Amendments adversely affecting rights of stockholder.
- Chapter 156B — Section 78. Consolidation and merger of domestic corporations.
- Chapter 156B — Section 79. Consolidation and merger of domestic and foreign corporations.
- Chapter 156B — Section 80. Effect of consolidation or merger; rights of creditors.
- Chapter 156B — Section 81. Surviving or new corporation; bond and stock issues to complete merger orconsolidation.
- Chapter 156B — Section 82. Merger of subsidiary into parent corporation.
- Chapter 156B — Section 83. Merger of association or trust into corporation.
- Chapter 156B — Section 83A. Consolidation or merger.
- Chapter 156B — Section 84. Certificate of filing articles of consolidation or merger.
- Chapter 156B — Section 85. Dissenting stockholder; right to demand payment for stock; exception.
- Chapter 156B — Section 86. Sections applicable to appraisal; prerequisites.
- Chapter 156B — Section 87. Statement of rights of objecting stockholders in notice of meeting; form.
- Chapter 156B — Section 88. Notice of effectiveness of action objected to.
- Chapter 156B — Section 89. Demand for payment; time for payment.
- Chapter 156B — Section 90. Demand for determination of value; bill in equity; venue.
- Chapter 156B — Section 91. Parties to suit to determine value; service.
- Chapter 156B — Section 92. Decree determining value and ordering payment; valuation date.
- Chapter 156B — Section 93. Reference to special master.
- Chapter 156B — Section 94. Notation on stock certificates of pendency of bill.
- Chapter 156B — Section 95. Costs; interest.
- Chapter 156B — Section 96. Dividends and voting rights after demand for payment.
- Chapter 156B — Section 97. Status of shares paid for.
- Chapter 156B — Section 98. Exclusive remedy; exception.
- Chapter 156B — Section 99. Petition for dissolution in supreme judicial court; cases.
- Chapter 156B — Section 100. Voluntary dissolution; manner.
- Chapter 156B — Section 101. Dissolution by state secretary.
- Chapter 156B — Section 102. Continuation for purposes of litigation and settlement of affairs.
- Chapter 156B — Section 103. Petition for distribution; notice.
- Chapter 156B — Section 104. Receivership; dissolved or terminated corporation; jurisdiction;application; powers of receiver.
- Chapter 156B — Section 105. Receivership; corporation as judgment debtor; powers of receiver.
- Chapter 156B — Section 106. Duties of receiver.
- Chapter 156B — Section 107. Dissolution; return; notice to corporation.
- Chapter 156B — Section 108. Revival of dissolved corporation for general or limited purposes;conditions; effect.
- Chapter 156B — Section 109. Annual report; contents.
- Chapter 156B — Section 109A. Repealed, 1977, 98, Sec. 6.
- Chapter 156B — Section 110. Repealed, 1965, 685, Sec. 50.
- Chapter 156B — Section 111. Repealed, 1977, 98, Sec. 6.
- Chapter 156B — Section 112. Annual report; failure or refusal to file; penalties.
- Chapter 156B — Section 113. Action to recover penalties and forfeitures; venue; injunction.
- Chapter 156B — Section 114. Fees.
- Chapter 156B — Section 115. Conveyance of land.
- Chapter 156B — Section 116. Certificate of good standing.
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