Massachusetts § 47 - Annual report of condition; contents

Full text of Massachusetts Massachusetts General Laws § 47 — Annual report of condition; contents, with citation guidance and answers to common questions.

§ 47. Annual report of condition; contents

Section 47. Every corporation shall annually, within four months after the close of its fiscal year but not before the date fixed in its by-laws for its annual meeting, or the final adjournment of said meeting, prepare and submit to the secretary a report of condition which shall be signed and sworn to by an officer of the corporation, stating:—

1. The name of the corporation.

2. The location (with street address) of its principal office in the commonwealth, and elsewhere in the case of a corporation organized to do business wholly outside the commonwealth.

3. The total amount of its authorized capital stock so far as it consists of shares with par value, and the total number of its shares without par value authorized to be issued; the amount of stock with par value, and the number of shares without par value, issued and outstanding and the amount then paid thereon; the class or classes, if any, into which it is divided; the par value, if any, and the number of its shares.

4. The names and addresses of all the directors and officers of the corporation, and the date at which the term of office of each expires.

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

Frequently Asked Questions About Massachusetts § 47

What does Massachusetts General Laws § 47 cover?

Section 47 ("Annual report of condition; contents") 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 § 47?

A common citation format is "Massachusetts General Laws § 47" (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 § 47 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.