Massachusetts General Laws ch. 180 sec. 18 – Expulsion of member; examination of books by member
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Section 18. No member of such corporation shall be expelled by vote of less than a majority of all the members thereof, nor by vote of less than three quarters of the members present and voting upon such expulsion. Every member of such corporation and every person who has an interest in its funds shall be entitled to examine its books and records.
Terms Used In Massachusetts General Laws ch. 180 sec. 18
- 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.