{"data":{"id":"us-ma/mass.-gen.-laws-ch.-156b-54","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 156B, § 54","heading":"Powers of directors","body":"Section 54. The directors may exercise all the powers of the corporation, except such as by law, by the articles of organization or by the by-laws of the corporation are conferred upon or reserved to the stockholders.","path":["Part I","Title XXII","Chapter 156B"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter156B/Section54","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:23:38Z","sha256":"b9af3b5ba4be2bd3a733631263def746e65f0ed8e6e1e1548839a180874ec33a","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-156b-53","next":"us-ma/mass.-gen.-laws-ch.-156b-55"},"notice":"GroundRules: Original legal text. Not legal advice."}