There is a newer version
of
this Section
2019 Massachusetts General Laws
Part I - Administration of the Government
Title XXII - Corporations
Chapter 165 - Water and Aqueduct Companies
Section 14 - Conveyance of Property in Payment for Stock
Universal Citation: MA Gen L ch 165 § 14 (2019)
Section 14. A conveyance to an aqueduct company of real or personal property at a fair valuation shall be a sufficient payment of the capital stock to the extent of such value, if a description of such property and a statement of the value at which it has been taken in payment, in such detail as the state secretary shall require or approve, is included in the certificate mentioned in the preceding section, and a statement that he is satisfied that such valuation is fair and reasonable is endorsed by him upon such certificate.
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.
