Massachusetts § 22 - Satisfaction of judgment against shareholders after dissolution
Full text of Massachusetts Massachusetts General Laws § 22 — Satisfaction of judgment against shareholders after dissolution, with citation guidance and answers to common questions.
§ 22. Satisfaction of judgment against shareholders after dissolution
Section 22. If no corporate property can be found to satisfy a judgment recovered against the shareholders after the dissolution, and it is not satisfied within six months after it is recovered, the judgment creditor may satisfy the same out of the private estate of the shareholders or any of them, as if the judgment had been against them in their private capacity.
Source: official Massachusetts text · Last verified 2026-08-27
Frequently Asked Questions About Massachusetts § 22
What does Massachusetts General Laws § 22 cover?
Section 22 ("Satisfaction of judgment against shareholders after dissolution") 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 § 22?
A common citation format is "Massachusetts General Laws § 22" (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 § 22 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.