Massachusetts § 66 Contribution

Massachusetts Statutes

§ 66 — Contribution

Massachusetts·Part I ADMINISTRATION OF THE GOVERNMENT·Title XXII CORPORATIONS·Ch. 156B CERTAIN BUSINESS CORPORATIONS

Section 66. Any director, officer or incorporator against whom a claim is successfully asserted under this chapter shall be entitled to contribution from the other directors or incorporators who voted for, and the other officers who participated in, the action upon which the claim is asserted, and who did not perform their duties in connection with the matter upon which the claim is asserted in accordance with the standards set forth in section sixty-five.

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Section 66. Any director, officer or incorporator against whom a claim is successfully asserted under this chapter shall be entitled to contribution from the other directors or incorporators who voted for, and the other officers who participated in, the action upon which the claim is asserted, and who did not perform their duties in connection with the matter upon which the claim is asserted in accordance with the standards set forth in section sixty-five.

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