There is a newer version of the Massachusetts General Laws
2006 Massachusetts Code - CHAPTER 157A. — EMPLOYEE COOPERATIVE CORPORATIONS.
- Chapter 157A — Section 1. Short title.
- Chapter 157A — Section 2. Definitions.
- Chapter 157A — Section 3. Corporations organized under chapter 156B; election to be governed asemployee cooperative.
- Chapter 157A — Section 4. Revocation of election.
- Chapter 157A — Section 5. Corporate name.
- Chapter 157A — Section 6. Members; membership shares; fees; rights and responsibilities.
- Chapter 157A — Section 7. Voting shares; by-laws; amendment of articles of organization.
- Chapter 157A — Section 8. Net earnings or losses; apportionment, distribution and payment.
- Chapter 157A — Section 9. Internal capital accounts; recall or redemption of shares; interest;collective reserve account.
- Chapter 157A — Section 10. Internal capital account cooperatives.
- Chapter 157A — Section 11. Conversion of membership shares and internal capital accounts uponrevocation of election; consolidation or merger.
Disclaimer: These codes may not be the most recent version. Massachusetts may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.