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Massachusetts General Laws > Part I > Title XXII > Chapter 156D - Business Corporations

Massachusetts General Laws > Part I > Title XXII > Chapter 156D - Business Corporations


Current as of: 2009
§ 1.01Short Title
§ 1.02Reservation of power to amend or repeal
§ 1.20Filing requirements
§ 1.21Forms
§ 1.22Filing, service and copying fees
§ 1.23Effective time and date of document
§ 1.24Correcting filed document
§ 1.25Filing date of secretary of state
§ 1.26Appeal from secretary of state's refusal to file document
§ 1.27Evidentiary effect of copy of filed document
§ 1.28Certificates regarding corporations
§ 1.29Penalty for signing false document
§ 1.30Powers
§ 1.40Act definitions
§ 1.41Notice
§ 1.42Number of shareholders
§ 1.50Interpretation of act
§ 2.01Incorporators
§ 2.02Articles of organization
§ 2.03Incorporation
§ 2.04Liability for pre-incorporation transactions
§ 2.05Organization of corporation
§ 2.06Bylaws
§ 2.07Emergency bylaws
§ 3.01Purposes
§ 3.02General powers
§ 3.03Emergency powers
§ 3.04Ultra vires
§ 4.01Corporate name
§ 4.02Reserved name
§ 5.01Registered office and registered agent
§ 5.02Change of registered agent
§ 5.03Resignation of registered agent
§ 5.04Service on corporation
§ 6.01Authorized share
§ 6.02Determination of terms of class or series
§ 6.03Issued and outstanding shares
§ 6.04Fractional shares
§ 6.20Subscription for shares before incorporation
§ 6.21Issuance of shares
§ 6.22Liability of shareholders
§ 6.23Share dividends
§ 6.24Share options
§ 6.25Form and content of certificates
§ 6.26Shares without certificates
§ 6.27Restriction on transfer of shares and other securities
§ 6.30Shareholders' preemptive rights
§ 6.31Corporation's acquisition of its own shares
§ 6.40Distributions to shareholders
§ 6.41Liability for improper distributions
§ 7.01Annual meeting
§ 7.02Special meeting
§ 7.03Court-ordered meeting
§ 7.04Action without meeting
§ 7.05Notice of meeting
§ 7.06Waiver of notice
§ 7.07Record date
§ 7.08Meetings by remote communications; remote participation in meetings
§ 7.20Shareholders list for meeting
§ 7.21Voting entitlement of shares
§ 7.22Proxies
§ 7.23Shares held by nominees
§ 7.24Corporation's acceptance of votes
§ 7.25Quorum and noting requirements for voting groups
§ 7.26Action by single and multiple voting groups
§ 7.27Greater or lesser quorum or voting requirements for shareholders
§ 7.28Voting for directors; cumulative voting
§ 7.29Form of shareholder action
§ 7.30Voting trusts
§ 7.31Voting agreements
§ 7.32Shareholder agreements
§ 7.40Subchapter definitions
§ 7.41Standing
§ 7.42Demand
§ 7.43Stay of proceedings
§ 7.44Dismissal
§ 7.45Discontinuance or settlement
§ 7.46Payment of expenses
§ 7.47Applicability to foreign corporations
§ 8.01Requirement for and duties of directors
§ 8.02Qualifications of directors
§ 8.03Number and election of directors
§ 8.04Election of directors by certain classes of shareholders
§ 8.05Terms of directors generally
§ 8.06Staggered terms for directors
§ 8.07Resignation of directors
§ 8.08Removal of directors
§ 8.10Vacancy on board
§ 8.11Compensation of directors
§ 8.20Meetings
§ 8.21Action without meeting
§ 8.22Notice of meeting
§ 8.23Waiver of notice
§ 8.24Quorum and voting
§ 8.25Committees
§ 8.30General standards for directors
§ 8.31Director conflict of interest
§ 8.32Loans to directors
§ 8.40Required officers
§ 8.41Duties of officers
§ 8.42Standards of conduct for officers
§ 8.43Resignation and removal of officers
§ 8.44Contract rights of officers
§ 8.45Certificate of change in officers or directors
§ 8.46Instruments affecting real estate
§ 8.50Subchapter definitions
§ 8.51Permissible indemnification
§ 8.52Mandatory indemnification
§ 8.53Advance for expenses
§ 8.54Court-ordered indemnification and advance for expenses
§ 8.55Determination and authorization of indemnification
§ 8.56Officers
§ 8.57Insurance
§ 8.58Variation by corporate action; application of subchapter
§ 8.59Exclusivity of subchapter
§ 9.20Domestication
§ 9.21Voting for directors; cumulative voting
§ 9.22Articles of domestication
§ 9.23Surrender of charter upon domestication
§ 9.24Effect of domestication
§ 9.25Abandonment of a domestication
§ 9.30Nonprofit conversion
§ 9.31Action on a plan of nonprofit conversion
§ 9.32Articles of nonprofit conversion
§ 9.33Surrender of charter upon foreign nonprofit conversion
§ 9.34Effect of nonprofit conversion
§ 9.35Abandonment of a nonprofit conversion
§ 9.40Foreign nonprofit domestication and conversion
§ 9.41Articles of domestication and conversion
§ 9.42Effect of foreign nonprofit domestication and conversion
§ 9.43Abandonment of a foreign nonprofit domestication and conversion
§ 9.50Entity conversion authorized; definitions
§ 9.51Plan of entity conversion
§ 9.52Action on a plan of entity conversion
§ 9.53Articles of entity conversion
§ 9.54Surrender of charter upon conversion
§ 9.55Effect of entity conversion
§ 9.56Abandonment of an entity conversion
§ 10.01Authority to amend
§ 10.02Amendment before issuance of shares
§ 10.03Amendment by board of directors and shareholders; exemption
§ 10.04Voting on amendments by voting groups
§ 10.05Amendment by board of directors
§ 10.06Articles of amendment
§ 10.07Restated articles of organization
§ 10.08Effect of amendment
§ 10.20Amendment by board of directors or shareholders
§ 10.21Bylaw dealing with quorum or voting requirements for shareholders
§ 10.22Bylaw dealing with quorum or voting requirements for board of directors
§ 11.01Definitions
§ 11.02Merger
§ 11.03Share exchange
§ 11.04Action on a plan of merger or share exchange
§ 11.05Merger between parent and subsidiary or between subsidiaries
§ 11.06Articles of merger or share exchange
§ 11.07Effect of merger or share exchange
§ 11.08Abandonment of a merger or share exchange
§ 12.01Sale of assets in regular course of business and mortgage of assets
§ 12.02Sale of assets other than in regular course of business
§ 13.01Definitions
§ 13.02Right to appraisal
§ 13.03Assertion of rights by nominees and beneficial owners
§ 13.20Notice of appraisal rights
§ 13.21Notice of intent to demand payment
§ 13.22Appraisal notice and form
§ 13.23Perfection of rights; rights to withdraw
§ 13.24Payment
§ 13.25After-acquired shares
§ 13.26Procedure if shareholder dissatisfied with payment or offer
§ 13.30Court action
§ 13.31Court costs and counsel fees
§ 14.01Dissolution by incorporators or initial directors
§ 14.02Dissolution by board of directors and shareholders, or otherwise in accordance with articles of organization
§ 14.03Articles of dissolution
§ 14.04Revocation of dissolution
§ 14.05Evidentiary effect of copy of filed document
§ 14.06Known non-contingent claims against dissolved corporation
§ 14.07Unknown claims against dissolved corporation
§ 14.08Creation of reserves as adequate provision for unasserted product liability claims and known contingent claims against dissolved corporation
§ 14.09Enforcement of claims against dissolved corporation
§ 14.20Grounds for administrative dissolution
§ 14.21Procedure for and effect of administrative dissolution
§ 14.22Reinstatement following administrative dissolution
§ 14.23Appeal from denial of reinstatement
§ 14.30Grounds for judicial dissolution
§ 14.31Procedure for judicial dissolution
§ 14.32Receivership or custodianship
§ 14.33Decree of dissolution
§ 14.34Reorganization under a statute of the United States; effectuation
§ 14.40Deposit with treasurer of the commonwealth.
§ 15.01Authority to transact business required
§ 15.02Consequences of transacting business without authority
§ 15.03Delivering certificate by foreign corporation
§ 15.04Amended certificate
§ 15.05Effect of filing of certificate
§ 15.06Corporate name of foreign corporation
§ 15.07Registered office and registered agent of foreign corporation
§ 15.08Change of registered office or registered agent of foreign corporation
§ 15.09Resignation of registered agent of foreign corporation
§ 15.10Liability to be sued; service on foreign corporation
§ 15.11False reports or statements
§ 15.20Withdrawal of foreign corporation
§ 15.21Automatic withdrawal upon certain conversions
§ 15.22Withdrawal upon conversion to a nonfiling entity
§ 15.23Transfer of authority
§ 15.30Grounds for revocation
§ 15.31Procedure for and effect of revocation
§ 15.32Appeal from revocation
§ 16.01Corporate records
§ 16.02Inspection of records by shareholders
§ 16.03Scope of inspection right
§ 16.04Court-ordered inspection
§ 16.05Inspection of records by directors
§ 16.06Exception to notice requirement; consequences of inability to deliver notice
§ 16.20Financial statement for shareholders
§ 16.21By-law amendments
§ 16.22Annual report for secretary of state
§ 17.01Application to existing domestic corporations
§ 17.02Application to qualified foreign corporations
§ 17.03Saving provisions
§ 17.04Severability

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Questions & Answers: Corporations

A corporation was dissolved by the state due to 17 years of unpaid annual report fees. The sole owner of the corporation has died. He has left the dissolved corporation's buildin...
Shari, Please clarify what you mean when you say the owner "left" the corporation's building to his children. Even though the corporation was dissolved it still continues to exist...
The building and the shares were given to the children the will. There are 17 years of back annual renewal fees that are delinquent and unpaid by the corporation. The will also s...
Shari, Strictly speaking, I don't see how the will could leave the building to the children. If I understand correctly, the father did not personally own the building in his own na...
There are 6 shareholders that are all related. Four of the shareholders are involved in the creation of the new LLC without the other 2 shareholders. No transfers of shares have...
If the president of a board says something to a child (member) in her vehicle on personal time. Then that child repeats it to another child (member) during company time is the boa...

Massachusetts Laws: Corporations

Massachusetts General Laws > Part I > Title XV > Chapter 110C - Regulation Of Take-Over Bids In The Acquisition Of Corporations
Massachusetts General Laws > Part I > Title XV > Chapter 110D - Regulation Of Control Share Acquisitions
Massachusetts General Laws > Part I > Title XV > Chapter 110E - Regulation Of Control Share Acquisitions Of Foreign Corporations
Massachusetts General Laws > Part I > Title XV > Chapter 110F - Business Combinations With Interested Shareholders
Massachusetts General Laws > Part I > Title XXII > Chapter 155 - General Provisions Relative To Corporations
Massachusetts General Laws > Part I > Title XXII > Chapter 156 - Business Corporations
Massachusetts General Laws > Part I > Title XXII > Chapter 156B - Certain Business Corporations
Massachusetts General Laws > Part I > Title XXII > Chapter 156D - Business Corporations
Massachusetts General Laws > Part I > Title XXII > Chapter 157 - Co-Operative Corporations
Massachusetts General Laws > Part I > Title XXII > Chapter 157A - Employee Cooperative Corporations
Massachusetts General Laws > Part I > Title XXII > Chapter 157B - Cooperative Housing Corporations
Massachusetts General Laws > Part I > Title XXII > Chapter 158 - Certain Miscellaneous Corporations

U.S. Code Provisions: Corporations

U.S. Code > Title 15 > Chapter 98 - Public Company Accounting Reform And Corporate Responsibility

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