Massachusetts Statutes
§ 44 — Exercise of stockholders' rights by incorporators prior to stock issuance
Massachusetts·Part I ADMINISTRATION OF THE GOVERNMENT·Title XXII CORPORATIONS·Ch. 156B CERTAIN BUSINESS CORPORATIONS
Section 44. Prior to the initial issue of stock by a corporation, the incorporators may exercise all rights of stockholders and take any action required or permitted by law, the articles of organization or the by-laws to be taken by stockholders.
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