Chapter 156

Section 47. Every corporation shall annually, within four months after the close of its fiscal year but not before the date fixed in its by-laws for its annual meeting, or the final adjournment of said meeting, prepare and submit to the secretary a report of condition which shall…

Section 48. The secretary shall examine such report, and if he finds that it conforms to the requirements of section forty-seven shall endorse his approval thereon; and upon the payment of the fee required by section fifty-five, it shall be filed in the office of the state secret…

Section 5. No corporation, unless authorized by a special act still in force, shall purchase, acquire, take or hold, directly or indirectly, more than ten per cent of the total capital stock of any domestic corporation authorized to carry on within the commonwealth the business o…

Section 50. If a corporation fails to file its report of condition within the time required by law, the secretary shall give notice by mail, postage prepaid, to such corporation of its default. If it omits to file such report within thirty days after such notice of default has be…

Section 51. Under the circumstances set forth in section fifty-two of chapter one hundred and fifty-five, or if a judgment has been recovered against a corporation, and it has neglected for thirty days after demand made on execution to pay the amount due with the officer's fees, …

Section 52. Penalties or forfeitures incurred by any corporation which omits to cause to be duly filed any certificate or report required by section twenty-four, twenty-nine or forty-seven, may be recovered in an action brought in Suffolk county in the name of the commonwealth, o…

Section 53. The fee for filing the articles of organization required by section 10, including the issuing by the state secretary of the certificates of incorporation, shall be determined annually by the commissioner of administration under the provision of section three B of chap…

Section 54. The fees for filing the following certificates shall be determined annually by the commissioner of administration under the provision of section three B of chapter seven: A certificate providing for an increase of capital stock with par value. A certificate providing …

Section 55. The fees for filing all other amendments, certificates, statements or reports required by law of corporations shall be determined annually by the commissioner of administration under the provision of section three B of chapter seven for each amendment, certificate, st…

Section 6. Three or more persons may associate themselves by written agreement of association with the intention of forming a corporation under general laws for any lawful purpose not excluded by section two. The agreement of association shall state: (a) That the subscribers ther…

Section 7. The agreement of association of any corporation formed for the purpose of acquiring, holding, managing, improving, leasing, buying and selling real estate, except a corporation formed for the purpose of owning forest land classified under chapter sixty-one, shall state…

Section 8. The first meeting of the incorporators shall be called by a notice signed by such subscriber to the agreement of association as may be designated therein or by a majority of the subscribers to such agreement; and such notice shall state the time, place and purposes of …

Section 9. At the first meeting of a corporation organized under general law or created by special act, or at any adjournment thereof, the incorporators shall organize by the choice, by ballot, of a temporary clerk, who shall be sworn, by the adoption of by-laws and by the electi…