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Code · Massachusetts · Part I — ADMINISTRATION OF THE GOVERNMENT · Title XXII — CORPORATIONS · Chapter 166

Section 3: Liability of president and treasurer for wilful neglect or omission

40 words·~1 min read·/ma/part-i/title-xxii/chapter-166/3

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Section 3. The president and treasurer of such company shall be jointly and severally liable for all its indebtedness, in case of wilful neglect or omission on their part to comply with any provision of section one, two or eleven.
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