Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2025 | Updated by Findlaw Staff
A corporation subject to this chapter may authorize, at a meeting duly called for the purpose, an amendment of its articles of organization by vote of the majority of each class of stock outstanding and entitled to vote thereon, effecting any one or more of the following:
(a) a change of the par value of the shares of its capital stock in accordance with clause (5) of paragraph (a) of section six, provided the aggregate par value of the outstanding shares shall not be increased by any such change, and provided further that such change shall not be effective unless the department shall approve the same on an application of the corporation filed within thirty days after the passage of the vote authorizing such change;
(b) an increase of its capital stock of any class then authorized, or a reduction of any such class of stock; and
(c) change of its corporate name.
Cite this article: FindLaw.com - Massachusetts General Laws Part I. Administration of the Government (Ch. 1-182) Ch. 164, § 8 - last updated January 01, 2025 | https://codes.findlaw.com/ma/part-i-administration-of-the-government-ch-1-182/ma-gen-laws-ch-164-sect-8/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)