Massachusetts General Laws ch. 246 sec. 15 – Corporations; appearance and answer
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Section 15. A corporation summoned as trustee may appear and answer by its cashier, treasurer, clerk or such other officer or employee as it shall appoint or as the court shall require to attend for that purpose, and his answer and examination, on oath, shall be received as the answer and examination of the corporation.
Terms Used In Massachusetts General Laws ch. 246 sec. 15
- Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
- 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.
- Oath: A promise to tell the truth.
- Trustee: A person or institution holding and administering property in trust.