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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 40 Voting by corporation

Section 40

Section 40: Voting by corporation

Section 40. No corporation shall directly or indirectly vote any share of its own stock. Nothing in this section shall be construed as limiting the right of any corporation to vote shares of stock held directly or indirectly by it in a fiduciary capacity.