{"data":{"id":"us-ma/mass.-gen.-laws-ch.-156-41a","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 156, § 41A","heading":"Change in number of shares without par value","body":"Section 41A. Any corporation having authorized shares without par value may, without increasing its capital, at a meeting duly called for the purpose, by vote of a majority of all its stock, or, if two or more classes of stock have been issued, of a majority of each class outstanding and entitled to vote, including in any event a majority of the outstanding stock of each class effected, change such shares or any class thereof into a greater number of shares without par value, or provide for the exchange thereof pro rata for a greater number of shares without par value; provided, that the preferences, voting powers, restrictions and qualifications of the outstanding shares so changed or exchanged shall not be otherwise impaired or diminished without the consent of the holders thereof.","path":["Part I","Title XXII","Chapter 156"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter156/Section41A","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:23:37Z","sha256":"679e42f7c476f816fb6c9e3b4aa54ee968a74fd5382f0b8827625113efba0fa4","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-156-41","next":"us-ma/mass.-gen.-laws-ch.-156-41b"},"notice":"GroundRules: Original legal text. Not legal advice."}
