Massachusetts Statutes
§ 54 — Defense by officer or stockholder of action against corporation
Massachusetts § 54
JurisdictionMassachusetts
Part IADMINISTRATION OF THE GOVERNMENT
Title XXIICORPORATIONS
Ch. 158CERTAIN MISCELLANEOUS CORPORATIONS
This text of Massachusetts § 54 (Defense by officer or stockholder of action against corporation) 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, § 54 (2026).
Text
Section 54. If, in an action against a corporation, it appears to the court that one of the objects of the action is to obtain a judgment against the corporation in order to enforce an alleged liability of a person who has been or is a stockholder or officer thereof, any such person may be permitted, on petition, to defend such action, and in such case the court may require of him or of a person in his behalf, a bond with sufficient surety or sureties, conditioned to pay to the plaintiff all costs which may accrue and be taxed to him after the filing of said petition.
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Bluebook (online)
Massachusetts § 54, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/158/54.