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Form a Business

Issue at less than par

M.G.L. c. 155, § 17
in effect
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c. 155, § 17. Issue at less than par Section 17. No corporation shall issue a share for a less amount to be actually paid in thereon than the par value of the shares at the date of issue.
Source: Massachusetts General Court (malegislature.gov)URL: https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter155/Section17Fetched: 10/20/2026

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