Massachusetts General Laws ch. 137 sec. 7 – Securities and commodities; definitions
Current as of: 2023 | Check for updates
|
Other versions
Section 7. In the three preceding sections, the word ”securities” shall include all evidences of debt or property and options for the purchase and sale thereof, shares in any corporation, joint stock company or association, bonds, coupons, scrip, rights, choses in action and other evidences of debt or property and options for the purchase or sale thereof; and the word ”commodities” shall include everything movable that is bought and sold.
Terms Used In Massachusetts General Laws ch. 137 sec. 7
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.