Skip to Content
January 22, 2025 Clouds | 13°F
The 194th General Court of the Commonwealth of Massachusetts

Section 24: Increase or reduction of capital stock

Section 24. Every corporation, unless otherwise expressly provided, at a meeting called for the purpose, may increase or reduce the amount of its capital stock and the number of shares therein, within the amount limited by its charter, if a chartered corporation, and by the provisions of this chapter, if organized under general laws.