Massachusetts Statutes

§ 30 — Applicability of other laws to certain domestic companies; ''stockholder'' defined

Massachusetts·Part I ADMINISTRATION OF THE GOVERNMENT·Title XXII CORPORATIONS·Ch. 175 INSURANCE

Section 30.

(a)So far as pertinent and not in conflict with express provisions of this chapter, with other provisions of law relative to such companies or with their charters:
(1)The general principles of law relative to the powers, duties and liabilities of corporations shall apply to all incorporated domestic companies.
(2)The provisions of the Business Corporation Law, chapter one hundred and fifty-six B, excepting sections four, six, fourteen, fifteen, nineteen, twenty-three, twenty-five, thirty-eight, fifty-three, sixty-two through sixty-four, sixty-eight, sixty-nine, seventy-two, seventy-three, seventy-five, seventy-six and seventy-eight through one hundred and fourteen, shall be applicable to incorporated domestic stock companies.
(3)Sections two, five, seven, nine through thirteen

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