{"data":{"id":"us-ma/mass.-gen.-laws-ch.-156-21","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 156, § 21","heading":"Management of corporation","body":"Section 21. The business of every corporation shall be managed and conducted by a president, a board of not less than three directors, a clerk, a treasurer and such other officers and such agents as the corporation by its by-laws shall authorize. The treasurer may be required to give a bond for the faithful performance of his duty in such sum and with such sureties as the by-laws may prescribe. The clerk, who shall be a resident of the commonwealth, shall be sworn and shall record all votes of the corporation in a book to be kept therefor.","path":["Part I","Title XXII","Chapter 156"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter156/Section21","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:23:37Z","sha256":"8040a6f1384ffce3c5436631cb1277afba622df40ad4aa79de1ce8e24d037f3f","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-156-20","next":"us-ma/mass.-gen.-laws-ch.-156-22"},"notice":"GroundRules: Original legal text. Not legal advice."}
