Massachusetts § 40 - Certificate of reduction of capital stock; filing

Full text of Massachusetts Massachusetts General Laws § 40 — Certificate of reduction of capital stock; filing, with citation guidance and answers to common questions.

§ 40. Certificate of reduction of capital stock; filing

Section 40. A corporation shall, within thirty days after a reduction of its capital stock is voted, file in the office of the state secretary and also, if the corporation is subject to chapter one hundred and sixty-four, in the office of the department of telecommunications and energy, a copy of the vote authorizing such reduction, signed and sworn to by its clerk.

Source: official Massachusetts text · Last verified 2026-08-27

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Frequently Asked Questions About Massachusetts § 40

What does Massachusetts General Laws § 40 cover?

Section 40 ("Certificate of reduction of capital stock; filing") 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 § 40?

A common citation format is "Massachusetts General Laws § 40" (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 § 40 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.