Mass. Gen. Laws ch. 170 § 17

Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session
Section 170:17 - Voting of stockholders; proxies

Stockholders entitled to vote may vote in person or by proxy. No proxy dated more than 6 months before the date of the meeting named therein shall be valid and no proxy shall be valid after the final adjournment of such meeting. A proxy with respect to stock held in the name of 2 or more persons shall be valid if executed by any 1 of them unless at or prior to the exercise of the proxy such corporation receives a specific written notice to the contrary from any 1 of them. A proxy purporting to be executed by or on behalf of a stockholder shall be deemed valid unless challenged at or prior to its exercise and the burden of proving invalidity shall rest on the challenger. Except as otherwise provided in the articles of organization or by-laws of the corporation, special meetings of the stockholders may be called pursuant to section 7.02 of chapter 156D.

Mass. Gen. Laws ch. 170, § 17

Entire chapter amended by Acts 2014, c. 482,§ 55, eff. 4/7/2015.