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Shareholders' preemptive rights

M.G.L. c. 156D, § 6.30
in effect
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c. 156D, § 6.30. Shareholders' preemptive rights Section 6.30. SHAREHOLDERS' PREEMPTIVE RIGHTS (a) The shareholders of a corporation shall not have a preemptive right to acquire the corporation's unissued shares except to the extent the articles of organization or any contract to which the corporation is a party so provides. (b) For purposes of this section, ''shares'' include a security convertible into or carrying a right to subscribe for or acquire shares.
Source: Massachusetts General Court (malegislature.gov)URL: https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter156D/Section6.30Fetched: 10/20/2026

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