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December 22, 2024 Clear | 13°F
The 193rd 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.