Massachusetts Chapter 156B — Certain Business Corporations
126 sections hosted, reproduced from the official public-domain source.
- Mass. Gen. Laws ch. 156B, § 1— Short title
- Mass. Gen. Laws ch. 156B, § 2— Definitions; corporation; articles of organization
- Mass. Gen. Laws ch. 156B, § 3— Application of chapter
- Mass. Gen. Laws ch. 156B, § 4— Rights and liabilities of existing corporations, directors, officers and stockholders
- Mass. Gen. Laws ch. 156B, § 5— Adoption of chapter by certain corporations created by special act; liability for debts
- Mass. Gen. Laws ch. 156B, § 6— State secretary; duties
- Mass. Gen. Laws ch. 156B, § 6A— Correction of inaccurate corporate records; filing
- Mass. Gen. Laws ch. 156B, § 7— Change of law; effect
- Mass. Gen. Laws ch. 156B, § 8— Voting by stockholders; effect of articles of organization or by-laws
- Mass. Gen. Laws ch. 156B, § 9— Corporate powers; exceptions
- Mass. Gen. Laws ch. 156B, § 9A— Partnership
- Mass. Gen. Laws ch. 156B, § 9B— Contracts of guarantee and suretyship
- Mass. Gen. Laws ch. 156B, § 10— Unauthorized exercise of franchise or privilege or transaction of business; injunction
- Mass. Gen. Laws ch. 156B, § 11— Name
- Mass. Gen. Laws ch. 156B, § 12— First meeting; by-laws; officers; consent to action; articles of organization
- Mass. Gen. Laws ch. 156B, § 13— Articles of organization; contents
- Mass. Gen. Laws ch. 156B, § 14— Change of principal office
- Mass. Gen. Laws ch. 156B, § 15— Limitation on stock holdings in certain other corporations
- Mass. Gen. Laws ch. 156B, § 16— Scope of by-laws
- Mass. Gen. Laws ch. 156B, § 17— Power to make, amend and repeal by-laws
- Mass. Gen. Laws ch. 156B, § 18— Consideration for issuance of stock
- Mass. Gen. Laws ch. 156B, § 19— Payment for stock; cash or instalments; record; transfer
- Mass. Gen. Laws ch. 156B, § 20— Pre-emptive rights
- Mass. Gen. Laws ch. 156B, § 21— Unissued shares; authority to issue; consideration
- Mass. Gen. Laws ch. 156B, § 21A— Reacquired shares; restoration to unissued share status
- Mass. Gen. Laws ch. 156B, § 22— Terms of payment; demand; notice of payment due
- Mass. Gen. Laws ch. 156B, § 23— Stockholders' liability for issued stock
- Mass. Gen. Laws ch. 156B, § 24— Default of subscriber; sale; deficiency or surplus; action; forfeiture
- Mass. Gen. Laws ch. 156B, § 25— Default in instalment payments; sale; surplus or deficiency; action; forfeiture; dividends on forfeited shares
- Mass. Gen. Laws ch. 156B, § 26— Division of class of stock into series; variations; reissue of restored shares; filing of certificate
- Mass. Gen. Laws ch. 156B, § 27— Certificates for shares held
- Mass. Gen. Laws ch. 156B, § 28— Fractional shares; scrip; dividends and voting rights; exchange or sale
- Mass. Gen. Laws ch. 156B, § 29— Replacement of certificates
- Mass. Gen. Laws ch. 156B, § 30— Certificate for stock transferred as collateral security
- Mass. Gen. Laws ch. 156B, § 31— Unclaimed dividends; publication
- Mass. Gen. Laws ch. 156B, § 32— Location of records; stock and transfer records, evidence, exhibition or refusal, court order
- Mass. Gen. Laws ch. 156B, § 32A— Restrictions on exercise, transfer, receipt or holding of rights or options issued by corporations
- Mass. Gen. Laws ch. 156B, § 33— Annual stockholders' meeting
- Mass. Gen. Laws ch. 156B, § 34— Special stockholders' meeting
- Mass. Gen. Laws ch. 156B, § 35— Place of stockholders' meetings
- Mass. Gen. Laws ch. 156B, § 36— Notice of stockholders' meeting
- Mass. Gen. Laws ch. 156B, § 37— Waiver of notice
- Mass. Gen. Laws ch. 156B, § 38— Repealed, 1986, 186, Sec. 7
- Mass. Gen. Laws ch. 156B, § 38A— Filing of certificate
- Mass. Gen. Laws ch. 156B, § 39— Quorum
- Mass. Gen. Laws ch. 156B, § 40— Voting by corporation
- Mass. Gen. Laws ch. 156B, § 41— Stockholders' voting rights; proxy regulations
- Mass. Gen. Laws ch. 156B, § 41A— Agreements for voting shares
- Mass. Gen. Laws ch. 156B, § 42— Record date; closing transfer books
- Mass. Gen. Laws ch. 156B, § 43— Consent in lieu of stockholders' meeting; effect
- Mass. Gen. Laws ch. 156B, § 44— Exercise of stockholders' rights by incorporators prior to stock issuance
- Mass. Gen. Laws ch. 156B, § 45— Stockholders' liability on distribution causing insolvency
- Mass. Gen. Laws ch. 156B, § 46— Stockholder's action; qualifications of plaintiff
- Mass. Gen. Laws ch. 156B, § 47— Directors; number; election; qualifications
- Mass. Gen. Laws ch. 156B, § 48— Election or appointment of officers; qualifications; bonds; records of proceedings
- Mass. Gen. Laws ch. 156B, § 49— Resident agent
- Mass. Gen. Laws ch. 156B, § 50— Term of officers and directors; contingent term; vacancy
- Mass. Gen. Laws ch. 156B, § 50A— Directors; staggered terms; election for exemption; vacancies
- Mass. Gen. Laws ch. 156B, § 51— Removal of officers and directors
- Mass. Gen. Laws ch. 156B, § 52— Filling vacancies
- Mass. Gen. Laws ch. 156B, § 53— Certificate of change in officers or directors; forfeiture for failure to file
- Mass. Gen. Laws ch. 156B, § 54— Powers of directors
- Mass. Gen. Laws ch. 156B, § 55— Committees; delegation of powers
- Mass. Gen. Laws ch. 156B, § 56— Meetings of directors; necessity of notice
- Mass. Gen. Laws ch. 156B, § 57— Quorum at directors' meeting
- Mass. Gen. Laws ch. 156B, § 58— Notice of directors' meeting
- Mass. Gen. Laws ch. 156B, § 59— Consent in lieu of directors' meeting; effect; telephone conference meetings
- Mass. Gen. Laws ch. 156B, § 60— Improper stock issue; liability of directors
- Mass. Gen. Laws ch. 156B, § 61— Unauthorized distributions; liability of directors
- Mass. Gen. Laws ch. 156B, § 62— Loans to insiders; liability of officers and directors
- Mass. Gen. Laws ch. 156B, § 63— False statement or report; liability of officers
- Mass. Gen. Laws ch. 156B, § 64— False articles; liability of officers and incorporators
- Mass. Gen. Laws ch. 156B, § 65— Good faith and prudence as defense
- Mass. Gen. Laws ch. 156B, § 66— Contribution
- Mass. Gen. Laws ch. 156B, § 67— Indemnification of officers and directors
- Mass. Gen. Laws ch. 156B, § 68— False statement or report; domestic; punishment
- Mass. Gen. Laws ch. 156B, § 69— False statement or report; other state or country; punishment
- Mass. Gen. Laws ch. 156B, § 70— Amendments authorized by majority vote
- Mass. Gen. Laws ch. 156B, § 71— Amendment of articles of organization; authorization by corporation
- Mass. Gen. Laws ch. 156B, § 72— Articles of amendment; filing; time effective
- Mass. Gen. Laws ch. 156B, § 73— Amendment on reorganization
- Mass. Gen. Laws ch. 156B, § 74— Restatement of articles of organization; vote; filing; contents; time effective
- Mass. Gen. Laws ch. 156B, § 75— Mortgage or disposal of assets; vote; notice of meeting
- Mass. Gen. Laws ch. 156B, § 76— Dissenting stockholder; right to demand payment for stock
- Mass. Gen. Laws ch. 156B, § 77— Amendments adversely affecting rights of stockholder
- Mass. Gen. Laws ch. 156B, § 78— Consolidation or merger of corporations
- Mass. Gen. Laws ch. 156B, § 79— Consolidation or merger with foreign corporation
- Mass. Gen. Laws ch. 156B, § 80— Effect of consolidation or merger; rights of creditors
- Mass. Gen. Laws ch. 156B, § 81— Surviving or new corporation; bond and stock issues to complete merger or consolidation
- Mass. Gen. Laws ch. 156B, § 82— Merger of subsidiary into parent corporation
- Mass. Gen. Laws ch. 156B, § 83— Merger of association or trust into corporation
- Mass. Gen. Laws ch. 156B, § 83A— Domestic and foreign limited liability companies
- Mass. Gen. Laws ch. 156B, § 84— Certificate of filing articles of consolidation or merger
- Mass. Gen. Laws ch. 156B, § 85— Dissenting stockholder; right to demand payment for stock; exception
- Mass. Gen. Laws ch. 156B, § 86— Sections applicable to appraisal; prerequisites
- Mass. Gen. Laws ch. 156B, § 87— Statement of rights of objecting stockholders in notice of meeting; form
- Mass. Gen. Laws ch. 156B, § 88— Notice of effectiveness of action objected to
- Mass. Gen. Laws ch. 156B, § 89— Demand for payment; time for payment
- Mass. Gen. Laws ch. 156B, § 90— Demand for determination of value; bill in equity; venue
- Mass. Gen. Laws ch. 156B, § 91— Parties to suit to determine value; service
- Mass. Gen. Laws ch. 156B, § 92— Decree determining value and ordering payment; valuation date
- Mass. Gen. Laws ch. 156B, § 93— Reference to special master
- Mass. Gen. Laws ch. 156B, § 94— Notation on stock certificates of pendency of bill
- Mass. Gen. Laws ch. 156B, § 95— Costs; interest
- Mass. Gen. Laws ch. 156B, § 96— Dividends and voting rights after demand for payment
- Mass. Gen. Laws ch. 156B, § 97— Status of shares paid for
- Mass. Gen. Laws ch. 156B, § 98— Exclusive remedy; exception
- Mass. Gen. Laws ch. 156B, § 99— Petition for dissolution in supreme judicial court; cases
- Mass. Gen. Laws ch. 156B, § 100— Voluntary dissolution; manner
- Mass. Gen. Laws ch. 156B, § 101— Dissolution by state secretary
- Mass. Gen. Laws ch. 156B, § 102— Continuation for purposes of litigation and settlement of affairs
- Mass. Gen. Laws ch. 156B, § 103— Petition for distribution; notice
- Mass. Gen. Laws ch. 156B, § 104— Receivership; dissolved or terminated corporation; jurisdiction; application; powers of receiver
- Mass. Gen. Laws ch. 156B, § 105— Receivership; corporation as judgment debtor; powers of receiver
- Mass. Gen. Laws ch. 156B, § 106— Duties of receiver
- Mass. Gen. Laws ch. 156B, § 107— Dissolution; return; notice to corporation
- Mass. Gen. Laws ch. 156B, § 108— Revival of dissolved corporation for general or limited purposes; conditions; effect
- Mass. Gen. Laws ch. 156B, § 109— Annual report; contents
- Mass. Gen. Laws ch. 156B, § 109A— Repealed, 1977, 98, Sec. 6
- Mass. Gen. Laws ch. 156B, § 110— Repealed, 1965, 685, Sec. 50
- Mass. Gen. Laws ch. 156B, § 111— Repealed, 1977, 98, Sec. 6
- Mass. Gen. Laws ch. 156B, § 112— Annual report; failure or refusal to file; penalties
- Mass. Gen. Laws ch. 156B, § 113— Action to recover penalties and forfeitures; venue; injunction
- Mass. Gen. Laws ch. 156B, § 114— Filing fees
- Mass. Gen. Laws ch. 156B, § 115— Conveyance of land
- Mass. Gen. Laws ch. 156B, § 116— Certificate of good standing