Massachusetts General Laws
Chapter 167j - Corporate Governance Provisions and Requirements
Section 16 - Determination of Record Date of Right to Notice of and to Vote at Stockholder's Meeting

Section 16. The directors may fix in advance a time, which, unless a shorter period is provided in the by-laws, shall be not more than 60 days before the date of any meeting of the stockholders or the date for the payment of any dividend or the making of any distribution to stockholders or the last day on which the consent or dissent of stockholders may be effectively expressed for any purpose, as the record date for determining the stockholders having the right to notice of and to vote at such meeting and any adjournment thereof or the right to receive such dividend or distribution or the right to give such consent or dissent, and in such case only stockholders of record on such record date shall have such right, notwithstanding any transfer of stock on the books of the bank after the record date; or without fixing such record date the directors may for any of such purposes close the transfer books for all or any part of such period.

Structure Massachusetts General Laws

Massachusetts General Laws

Part I - Administration of the Government

Title XXII - Corporations

Chapter 167j - Corporate Governance Provisions and Requirements

Section 1 - Definitions

Section 2 - Bond of Officers and Employees of Bank

Section 3 - Duties of Treasurer of Bank Under Other Provisions of Law

Section 4 - Misconduct of Officer, Director, Agent or Employee of Bank

Section 5 - Fee, Commission, Gift or Other Consideration in Connection With Business of Corporation

Section 6 - Penalty for Violations of Secs. 5 or 10

Section 7 - Payment of Interest on Deposit Accounts

Section 8 - Trustee, Director or Other Officer of Bank Simultaneously Serving in Same Capacity for Certain Other Institutions

Section 9 - Annual Statement of Condition of Bank

Section 10 - Loans or Extensions of Credit to Officer, Director or Trustee of Bank

Section 11 - Quarterly Written Reporting of Summary of Transactions and Other Information Requested by Board

Section 12 - Audit of Balance Sheet and Other Financial Statements of Mutual Bank

Section 13 - Maintenance of Capital and Surplus or Surplus Account Deemed Adequately Capitalized

Section 14 - Capital Stock of Stock Corporation

Section 15 - Report of Transfer of Stock Resulting in Ownership of 10 per Cent or More of Outstanding Stock With Voting Power

Section 16 - Determination of Record Date of Right to Notice of and to Vote at Stockholder's Meeting

Section 17 - Declaration of Dividends

Section 18 - Grant of Options to Purchase, Issue and Sell Shares of Capital Stock to Directors, Officers and Employees

Section 19 - Stock Purchase Plans, Restricted Stock Purchase Plans and Stock Grant Plans for Employees, Officers and Directors

Section 20 - Issue and Sale of Capital Notes and Debentures

Section 21 - Election of Alternative Corporate Governance Procedures; Designation in By-Laws of Body of Law Selected for Corporate Governance Procedure