Massachusetts § 28 Employees' stock; transfer; redemption; limitation upon number of shares

Massachusetts Statutes

§ 28 — Employees' stock; transfer; redemption; limitation upon number of shares

Massachusetts § 28

Part IADMINISTRATION OF THE GOVERNMENT

Title XXIICORPORATIONS

Ch. 158CERTAIN MISCELLANEOUS CORPORATIONS

This text of Massachusetts § 28 (Employees' stock; transfer; redemption; limitation upon number of shares) 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. 158, § 28 (2026).

Text

Section 28. The shares of employees' stock shall not be sold or transferred except to an employee of such corporation or to the corporation itself. A corporation which issues employees' stock may prescribe by its by-laws the number of shares which may be held by any one employee and the method of transfer and redemption of such stock as is held by any person after he ceases to be an employee of the corporation.

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Section 28. The shares of employees' stock shall not be sold or transferred except to an employee of such corporation or to the corporation itself. A corporation which issues employees' stock may prescribe by its by-laws the number of shares which may be held by any one employee and the method of transfer and redemption of such stock as is held by any person after he ceases to be an employee of the corporation.

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Bluebook (online)

Massachusetts § 28, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/158/28.