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2019 Massachusetts General Laws
Part I - Administration of the Government
Title XXII - Corporations
Chapter 156d - Business Corporations
Section 6.30 - Shareholders' Preemptive Rights
Universal Citation: MA Gen L ch 156d § 6.30 (2019)
Section 6.30. SHAREHOLDERS' PREEMPTIVE RIGHTS
(a) The shareholders of a corporation shall not have a preemptive right to acquire the corporation's unissued shares except to the extent the articles of organization or any contract to which the corporation is a party so provides.
(b) For purposes of this section, ''shares'' include a security convertible into or carrying a right to subscribe for or acquire shares.
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