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Form a Business

Debt limitation

M.G.L. c. 166, § 2
in effect
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c. 166, § 2. Debt limitation Section 2. Such company shall not at any time contract or owe debts to a larger amount than one half of its capital stock actually paid in.
Source: Massachusetts General Court (malegislature.gov)URL: https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter166/Section2Fetched: 10/20/2026

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