2019 Massachusetts General Laws
Part I - Administration of the Government
Title XXII - Corporations
Chapter 156b - Certain Business Corporations
Section 20 - Pre-Emptive Rights

Universal Citation: MA Gen L ch 156b § 20 (2019)

Section 20. No stockholder shall have any pre-emptive right to acquire stock of the corporation except to the extent provided in the articles of organization or in a by-law adopted by and subject to amendment only by the stockholders.

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