Massachusetts General Laws ch. 155 sec. 19 – Preferred stock; content of certificate
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Section 19. Such stock shall be issued subject to all general laws governing the issue of capital stock; and each certificate subsequently issued of stock in the corporation shall have fully and plainly printed thereon the preferences and voting powers or restrictions or qualifications thereof as fixed and determined in respect of each class of preferred stock pursuant to the provisions of section eighteen.
Terms Used In Massachusetts General Laws ch. 155 sec. 19
- 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.