Massachusetts General Laws ch. 160 sec. 13 – Formation
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Section 13. Fifteen or more persons may associate themselves by a written agreement of association with the intention of forming a railroad corporation.
Terms Used In Massachusetts General Laws ch. 160 sec. 13
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.