Massachusetts General Laws ch. 160 sec. 31 – Managing officers
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Section 31. The business of every corporation shall be managed and conducted by a president, a board of not less than five directors, a clerk, a treasurer and such other officers and such agents as the corporation by its by-laws shall authorize.
Terms Used In Massachusetts General Laws ch. 160 sec. 31
- 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.