Massachusetts Statutes

§ 78 — Mutual fire companies; laws applicable; records; perjury; inspection; jurisdiction

Massachusetts·Part I ADMINISTRATION OF THE GOVERNMENT·Title XXII CORPORATIONS·Ch. 175 INSURANCE
Section 78. Such companies shall be subject to the first paragraph of section fifty-eight, except that a treasurer shall be chosen, to the first paragraph of section fifty-nine, and to the first and third paragraphs of section sixty.The secretary shall keep a record of the votes, which shall show whether cast in person or by proxy; a record of all other proceedings of all meetings of the directors or the members; a record of all policies issued and of all authorized assignments, transfers and cancellations thereof, and such other books and records as the president and directors may require. The records so kept shall be evidence of all elections and of the transactions to which they relate, and shall be open to the inspection of any interested person. A secretary who wilfully makes a false

Free access — add to your briefcase to read the full text and ask questions with AI

Massachusetts § 78 (Mutual fire companies; laws applicable; records; perjury; inspection; jurisdiction) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

View on official source ↗