Massachusetts § 42 - Corporation consolidated with one in another state; unauthorized capital stock increase
Full text of Massachusetts Massachusetts General Laws § 42 — Corporation consolidated with one in another state; unauthorized capital stock increase, with citation guidance and answers to common questions.
§ 42. Corporation consolidated with one in another state; unauthorized capital stock increase
Section 42. If a railroad corporation owning a railroad in this commonwealth and consolidated with a corporation owning a railroad in another state increases its capital stock, or the capital stock of such consolidated corporation, except as authorized by this chapter or chapter one hundred and fifty-nine, without authority of the general court, or without such authority extends its line of railroad, or consolidates with any other corporation, or makes a stock dividend, the charter and franchise of such corporation shall be subject to forfeiture.
Source: official Massachusetts text · Last verified 2026-08-27
Frequently Asked Questions About Massachusetts § 42
What does Massachusetts General Laws § 42 cover?
Section 42 ("Corporation consolidated with one in another state; unauthorized capital stock increase") is part of the Massachusetts General Laws, the codified statutory law of Massachusetts. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Massachusetts § 42?
A common citation format is "Massachusetts General Laws § 42" (Massachusetts). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Massachusetts law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Massachusetts official source linked on this page or consult a licensed Massachusetts attorney.
How does Massachusetts § 42 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Massachusetts can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Massachusetts.