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Form a Business

Number of incorporators; capital

M.G.L. c. 158, § 4
in effect
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c. 158, § 4. Number of incorporators; capital Section 4. For the purpose of carrying on any other lawful business for which corporations may be formed under this chapter, three or more persons may associate themselves, with a capital of not less than one thousand dollars. The capital of such companies other than gas and electric companies shall not exceed one million dollars.
Source: Massachusetts General Court (malegislature.gov)URL: https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter158/Section4Fetched: 10/20/2026

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