{"data":{"id":"us-ma/mass.-gen.-laws-ch.-156b-18","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 156B, § 18","heading":"Consideration for issuance of stock","body":"Section 18. Capital stock may be issued for cash, tangible or intangible property, services, or for a debt, note or expenses. Stock having par value shall not be issued for cash, property, services or expenses worth less than the par value. For the purpose of the second sentence, a debt or note of the purchaser secured or unsecured shall not be considered property.","path":["Part I","Title XXII","Chapter 156B"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter156B/Section18","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:23:38Z","sha256":"d7ca227d4a6e9ade4e1578e73fb66b3db82bc0eaf31cf4ee8d34e9126c2b6546","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-156b-17","next":"us-ma/mass.-gen.-laws-ch.-156b-19"},"notice":"GroundRules: Original legal text. Not legal advice."}