ADMINISTRATION OF THE GOVERNMENT (Chapters 1 through 182)
CERTAIN MISCELLANEOUS CORPORATIONS
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.