Massachusetts § 14 - Conveyance of property in payment for stock
Full text of Massachusetts Massachusetts General Laws § 14 — Conveyance of property in payment for stock, with citation guidance and answers to common questions.
§ 14. Conveyance of property in payment for stock
Section 14. A conveyance to an aqueduct company of real or personal property at a fair valuation shall be a sufficient payment of the capital stock to the extent of such value, if a description of such property and a statement of the value at which it has been taken in payment, in such detail as the state secretary shall require or approve, is included in the certificate mentioned in the preceding section, and a statement that he is satisfied that such valuation is fair and reasonable is endorsed by him upon such certificate.
Source: official Massachusetts text · Last verified 2026-08-27
Frequently Asked Questions About Massachusetts § 14
What does Massachusetts General Laws § 14 cover?
Section 14 ("Conveyance of property in payment for stock") 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 § 14?
A common citation format is "Massachusetts General Laws § 14" (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 § 14 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.