Section 25: Board of directors; powers
31 words·~1 min read·
/ma/part-i/title-xxii/chapter-156/25·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 25. The board of directors may exercise all the powers of the corporation, except such as are conferred by law, or by the by-laws of the corporation, upon the stockholders.