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January 06, 2026 Clouds | 31°F
The 194th General Court of the Commonwealth of Massachusetts
  1. General Laws
  2. Part I ADMINISTRATION OF THE GOVERNMENT
  3. Title XXII CORPORATIONS
  4. Chapter 155 GENERAL PROVISIONS RELATIVE TO CORPORATIONS
  5. Section 45 Record transfer of stock not paid for

Section 45

Section 45: Record transfer of stock not paid for

Section 45. Stock shall not be transferred on the books of a corporation if any instalments thereon remain overdue and unpaid.