Mass. Gen. Laws ch. 156B § 4

Current through Chapter 112 of the 2024 Legislative Session
Section 156B:4 - Rights and liabilities of existing corporations, directors, officers and stockholders

All corporations existing on October first, nineteen hundred and sixty-five and their directors, officers and stockholders shall be entitled to all the rights, privileges and immunities and be subject to all the liabilities set forth in this chapter to the same extent as corporation formed under this chapter and their directors, officers and stockholders; provided that this chapter shall not take away or impair any remedy which may exist by law against a corporation existing on said date, its directors, officers or stockholders, for a liability incurred prior thereto.

Mass. Gen. Laws ch. 156B, § 4