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2019 Massachusetts General Laws
Part I - Administration of the Government
Title XXII - Corporations
Chapter 158 - Certain Miscellaneous Corporations
Section 50 - Proportionate Assessment of Shareholders
Universal Citation: MA Gen L ch 158 § 50 (2019)
Section 50. Such sums as may be decreed to be paid by the stockholders in such suit in equity shall be assessed upon them in proportion to the amounts of stock held by them respectively at the time when the suit in which said judgment was recovered was begun; but no stockholder shall be liable to pay a larger sum than the amount of stock held by him at that time at its par value.
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