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January 20, 2025 Clear | 16°F
The 194th General Court of the Commonwealth of Massachusetts
  1. General Laws
  2. Part I ADMINISTRATION OF THE GOVERNMENT
  3. Title XXII CORPORATIONS
  4. Chapter 175 INSURANCE
  5. Section 57 Domestic stock companies; directors; quorum

Section 57

Section 57: Domestic stock companies; directors; quorum

Section 57. The board of directors of each domestic stock company shall consist of not less than five members, and not less than four shall constitute a quorum.