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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 44 Exercise of stockholders' rights by incorporators prior to stock issuance

Section 44

Section 44: Exercise of stockholders' rights by incorporators prior to stock issuance

Section 44. Prior to the initial issue of stock by a corporation, the incorporators may exercise all rights of stockholders and take any action required or permitted by law, the articles of organization or the by-laws to be taken by stockholders.