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November 22, 2024 Rain | 45°F
The 193rd General Court of the Commonwealth of Massachusetts
  1. General Laws
  2. Part I ADMINISTRATION OF THE GOVERNMENT
  3. Title XXII CORPORATIONS
  4. Chapter 156B CERTAIN BUSINESS CORPORATIONS
  5. Section 21A Reacquired shares; restoration to unissued share status

Section 21A

Section 21A: Reacquired shares; restoration to unissued share status

Section 21A. Shares of stock previously issued which have been reacquired by the corporation, may, unless the articles of organization or by-laws otherwise require, be restored to the status of authorized but unissued shares by vote of the stockholders or by vote of the board of directors, without amendment of the articles of organization.