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Form a Business

Management of business

M.G.L. c. 161, § 12
in effect
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c. 161, § 12. Management of business Section 12. The business of every company shall be managed and conducted by a president, a board of not less than five directors, a clerk, a treasurer and such other officers and such agents as the company by its by-laws shall authorize.
Source: Massachusetts General Court (malegislature.gov)URL: https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter161/Section12Fetched: 10/20/2026

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