Mass. Gen. Laws ch. 158 § 4

Current through Chapter 112 of the 2024 Legislative Session
Section 158:4 - Number of incorporators; capital

For the purpose of carrying on any other lawful business for which corporations may be formed under this chapter, three or more persons may associate themselves, with a capital of not less than one thousand dollars. The capital of such companies other than gas and electric companies shall not exceed one million dollars.

Mass. Gen. Laws ch. 158, § 4