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March 28, 2024 Rain | 49°F
The 193rd General Court of the Commonwealth of Massachusetts

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.