{"data":{"id":"us-ma/mass.-gen.-laws-ch.-161-12","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 161, § 12","heading":"Management of business","body":"Section 12. The business of every company shall be managed and conducted by a president, a board of not less than five directors, a clerk, a treasurer and such other officers and such agents as the company by its by-laws shall authorize.","path":["Part I","Title XXII","Chapter 161"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter161/Section12","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:23:49Z","sha256":"6961b37362eb3d8dee3d5215fe28e9d5e9f45ef6c60c842636c36ab31f2bfdd3","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-161-11","next":"us-ma/mass.-gen.-laws-ch.-161-13"},"notice":"GroundRules: Original legal text. Not legal advice."}