{"data":{"id":"us-ma/mass.-gen.-laws-ch.-156d-6.31","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 156D, § 6.31","heading":"Corporation's acquisition of its own shares","body":"Section 6.31. CORPORATION'S ACQUISITION OF ITS OWN SHARES\n(a) A corporation may acquire its own shares and shares so acquired constitute authorized but unissued shares.\n(b) If the articles of organization prohibit the reissue of acquired shares, the number of authorized shares is reduced by the number of shares acquired.","path":["Part I","Title XXII","Chapter 156D"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter156D/Section6.31","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:23:40Z","sha256":"c30c70ba6c8564f0a646c328c150ce048ddbd9df5496eebaf0068f99973e05e4","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-156d-6.30","next":"us-ma/mass.-gen.-laws-ch.-156d-6.40"},"notice":"GroundRules: Original legal text. Not legal advice."}