There is a newer version
of
this Chapter
2017 Massachusetts General Laws
PART I ADMINISTRATION OF THE GOVERNMENT
TITLE XXII CORPORATIONS
Chapter 156 BUSINESS CORPORATIONS
- Section 1 Definitions
- Section 2 Scope of chapter
- Section 3 Corporations not within application of chapter; adoption of chapter
- Section 4 Powers
- Section 5 Holding stock in other corporations; prohibitions
- Section 6 Agreement of association; contents
- Section 7 Corporations dealing with real estate; duration
- Section 8 First meeting; notice; service; waiver of notice
- Section 9 Organization; selection of temporary clerk; adoption of by-laws; election of officers
- Section 10 Oath to articles by directors; liability to stockholders
- Section 11 Approval by secretary of corporation documents; filing of articles
- Section 12 Certificate of incorporation
- Section 13 Scope of by-laws
- Section 14 Creation and issuance of shares
- Section 15 Consideration for capital stock; instalment payments
- Section 16 Issuance of unissued balance of authorized capital stock; approval; filing
- Section 17 Validation of issue not submitted for approval
- Section 18 Payment of subscriptions
- Section 19 Subscriptions in default; sale of rights to subscribe
- Section 20 Instalments in default; sale of rights to shares
- Section 21 Management of corporation
- Section 22 Election or appointment of officers; terms; qualifications
- Section 23 Manufacturing corporations; election of directors by employees
- Section 24 Certificate of changes; submission to secretary; filing; penalty
- Section 25 Board of directors; powers
- Section 26 Executive committee of board; duties
- Section 27 Meetings of board of directors
- Section 28 Stockholders meetings; time; place; notice; quorum; waiver of notice
- Section 29 Change in date of annual meeting
- Section 30 Special meetings
- Section 31 Corporate voting of own shares
- Section 32 Voting rights; proxies
- Section 33 Certificates; signatures; seal; limitations and preferences
- Section 34 Replacement of lost or destroyed certificates
- Section 35 Reduction of capital stock; services rendered by operatives; liability; disproportionate payments by a stockholder; contribution
- Section 36 Officers' liability
- Section 37 Directors' liability
- Section 38 Conditions to liability; enforcement of liability
- Section 39 Discontinuance of suit; non-joinder of persons liable; death of defendant
- Section 40 Apportionment of assessment
- Section 41 Increase or reduction of capital stock; changes of location; change of par value of capital stock; dissolution proceedings
- Section 41A Change in number of shares without par value
- Section 41B Change in number of shares with par value
- Section 41C Change of shares without par value to par value shares
- Section 42 Change of structure; conveyance of property
- Section 43 Approval of amendments or alterations; fees
- Section 44 Increase in capital stock in accordance with Sec. 41 or 41C; content of articles
- Section 45 Reduction of capital stock in accordance with Sec. 41 or 41C; content of articles
- Section 46 Sale, lease or exchange of property and assets; remedy of dissenting stockholder
- Section 46A Definitions; organizations authorized to merge; method; effect of merger
- Section 46B Corporations authorized to consolidate; method
- Section 46C Effect of consolidation
- Section 46D Merger or consolidation with foreign corporation; method; liability of directors
- Section 46E Consolidations; remedy of dissenting shareholders
- Section 46F Certificates of merger or consolidation; issuance by state secretary
- Section 47 Annual report of condition; contents
- Section 48 Annual report of condition; approval; filing; public inspection
- Section 49 Repealed, 1977, 98, Sec. 3
- Section 50 Failure to file report of condition; penalty
- Section 51 Appointment of receiver
- Section 52 Failure to file certificates or reports
- Section 53 Filing of articles of organization; fees
- Section 54 Certain certificates; determination of fees
- Section 55 Filing of other amendments, certificates, statements and reports; fees
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.