Massachusetts § 3 Co-operative agricultural, dairy or mercantile associations; name

Massachusetts Statutes

§ 3 — Co-operative agricultural, dairy or mercantile associations; name

Massachusetts § 3

Part IADMINISTRATION OF THE GOVERNMENT

Title XXIICORPORATIONS

Ch. 157CO-OPERATIVE CORPORATIONS

This text of Massachusetts § 3 (Co-operative agricultural, dairy or mercantile associations; name) is published on Counsel Stack Legal Research, covering Massachusetts primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mass. Gen. Laws ch. 157, § 3 (2026).

Text

Section 3. Seven or more persons, residents of the commonwealth, may associate themselves as a corporation, association, society, company or exchange, to conduct within the commonwealth any agricultural, dairy or mercantile business on the co-operative plan. The word ''co-operative'' shall form a part of the name of the corporation, and, for the purposes of this and sections three A to nine, inclusive, the words ''association'', ''company'', ''exchange'', ''society'' and ''union'', shall have the same signification and shall import a corporation. The corporation shall be formed as provided in chapter one hundred and fifty-six B, with shares having par value, and shall be subject to the provisions thereof so far as consistent with said sections.

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Section 3. Seven or more persons, residents of the commonwealth, may associate themselves as a corporation, association, society, company or exchange, to conduct within the commonwealth any agricultural, dairy or mercantile business on the co-operative plan. The word ''co-operative'' shall form a part of the name of the corporation, and, for the purposes of this and sections three A to nine, inclusive, the words ''association'', ''company'', ''exchange'', ''society'' and ''union'', shall have the same signification and shall import a corporation. The corporation shall be formed as provided in chapter one hundred and fifty-six B, with shares having par value, and shall be subject to the provisions thereof so far as consistent with said sections.

Nearby Sections

2

§ 3

Co-operative agricultural, dairy or mercantile associations; name

§ 3B

Direct-charge cooperatives

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Bluebook (online)

Massachusetts § 3, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/157/3.