Massachusetts Statutes

§ 23 — Stockholders' liability for issued stock

Massachusetts·Part I ADMINISTRATION OF THE GOVERNMENT·Title XXII CORPORATIONS·Ch. 156B CERTAIN BUSINESS CORPORATIONS
Section 23. Shares of stock issued in accordance with section twenty-one shall, except for unpaid instalments on instalment stock issued pursuant to section nineteen, be fully paid stock and not liable to any further call or assessment thereon.

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