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2022 Massachusetts General Laws
Part I - Administration of the Government
Title XXII - Corporations
Chapter 166 - Telephone and Telegraph Companies, and Lines for the Transmission of Electricity
Section 2 - Debt Limitation
Universal Citation:
MA Gen L ch 166 § 2 (2022)
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Section 2. Such company shall not at any time contract or owe debts to a larger amount than one half of its capital stock actually paid in.
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