Mass. Gen. Laws ch. 158 § 30

Current through Chapter 373 of the 2024 Legislative Session, with the exception of Acts not available as of 1/14/2025
Section 158:30 - Failure to pay assessment; sale of shares

If the stockholder neglects to pay an amount duly assessed on his shares for thirty days after the time appointed for payment, the treasurer of the corporation may sell by public auction a sufficient number thereof to pay all assessments then due from him with necessary and incidental charges.

Mass. Gen. Laws ch. 158, § 30