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Massachusetts General Laws Part I. Administration of the Government (Ch. 1-182) Ch. 175, § 58

Current as of January 01, 2025 | Updated by Findlaw Staff

The board of directors shall annually choose by ballot a president, who shall be a member of the board, a secretary, and, if the by-laws so provide, a treasurer, who may also be the president or secretary, and such other officers as the by-laws may provide.

They shall at each annual meeting of the company submit a full statement of the transactions of the company during the previous year and of its financial condition.

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Cite this article: FindLaw.com - Massachusetts General Laws Part I. Administration of the Government (Ch. 1-182) Ch. 175, § 58 - last updated January 01, 2025 | https://codes.findlaw.com/ma/part-i-administration-of-the-government-ch-1-182/ma-gen-laws-ch-175-sect-58/

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