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Form a Business

Increase or reduction of capital stock

M.G.L. c. 158, § 24
in effect
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c. 158, § 24. Increase or reduction of capital stock Section 24. Every corporation, unless otherwise expressly provided, at a meeting called for the purpose, may increase or reduce the amount of its capital stock and the number of shares therein, within the amount limited by its charter, if a chartered corporation, and by the provisions of this chapter, if organized under general laws.
Source: Massachusetts General Court (malegislature.gov)URL: https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter158/Section24Fetched: 10/20/2026

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