Section 34. The directors of a corporation may, subject to section forty-two of chapter one hundred and fifty-five and to the by-laws of the corporation, determine the conditions upon which a new certificate of stock may be issued in place of any certificate alleged to have been lost or destroyed. They may, in their discretion, require the owner of a lost or destroyed certificate, or his legal representative, to give a bond with sufficient surety to the corporation in a sum not exceeding double the market value of the stock to indemnify the corporation against any loss or claim which may arise by reason of the issue of a certificate in place of such lost or destroyed stock certificate.
Structure Massachusetts General Laws
Part I - Administration of the Government
Chapter 156 - Business Corporations
Section 3 - Corporations Not Within Application of Chapter; Adoption of Chapter
Section 5 - Holding Stock in Other Corporations; Prohibitions
Section 6 - Agreement of Association; Contents
Section 7 - Corporations Dealing With Real Estate; Duration
Section 8 - First Meeting; Notice; Service; Waiver of Notice
Section 9 - Organization; Selection of Temporary Clerk; Adoption of By-Laws; Election of Officers
Section 10 - Oath to Articles by Directors; Liability to Stockholders
Section 11 - Approval by Secretary of Corporation Documents; Filing of Articles
Section 12 - Certificate of Incorporation
Section 14 - Creation and Issuance of Shares
Section 15 - Consideration for Capital Stock; Instalment Payments
Section 16 - Issuance of Unissued Balance of Authorized Capital Stock; Approval; Filing
Section 17 - Validation of Issue Not Submitted for Approval
Section 18 - Payment of Subscriptions
Section 19 - Subscriptions in Default; Sale of Rights to Subscribe
Section 20 - Instalments in Default; Sale of Rights to Shares
Section 21 - Management of Corporation
Section 22 - Election or Appointment of Officers; Terms; Qualifications
Section 23 - Manufacturing Corporations; Election of Directors by Employees
Section 24 - Certificate of Changes; Submission to Secretary; Filing; Penalty
Section 25 - Board of Directors; Powers
Section 26 - Executive Committee of Board; Duties
Section 27 - Meetings of Board of Directors
Section 28 - Stockholders Meetings; Time; Place; Notice; Quorum; Waiver of Notice
Section 29 - Change in Date of Annual Meeting
Section 31 - Corporate Voting of Own Shares
Section 32 - Voting Rights; Proxies
Section 33 - Certificates; Signatures; Seal; Limitations and Preferences
Section 34 - Replacement of Lost or Destroyed Certificates
Section 36 - Officers' Liability
Section 37 - Directors' Liability
Section 38 - Conditions to Liability; Enforcement of Liability
Section 39 - Discontinuance of Suit; Non-Joinder of Persons Liable; Death of Defendant
Section 40 - Apportionment of Assessment
Section 41a - Change in Number of Shares Without Par Value
Section 41b - Change in Number of Shares With Par Value
Section 41c - Change of Shares Without Par Value to Par Value Shares
Section 42 - Change of Structure; Conveyance of Property
Section 43 - Approval of Amendments or Alterations; Fees
Section 44 - Increase in Capital Stock in Accordance With Sec. 41 or 41c; Content of Articles
Section 45 - Reduction of Capital Stock in Accordance With Sec. 41 or 41c; Content of Articles
Section 46 - Sale, Lease or Exchange of Property and Assets; Remedy of Dissenting Stockholder
Section 46a - Definitions; Organizations Authorized to Merge; Method; Effect of Merger
Section 46b - Corporations Authorized to Consolidate; Method
Section 46c - Effect of Consolidation
Section 46d - Merger or Consolidation With Foreign Corporation; Method; Liability of Directors
Section 46e - Consolidations; Remedy of Dissenting Shareholders
Section 46f - Certificates of Merger or Consolidation; Issuance by State Secretary
Section 47 - Annual Report of Condition; Contents
Section 48 - Annual Report of Condition; Approval; Filing; Public Inspection
Section 50 - Failure to File Report of Condition; Penalty
Section 51 - Appointment of Receiver
Section 52 - Failure to File Certificates or Reports
Section 53 - Filing of Articles of Organization; Fees
Section 54 - Certain Certificates; Determination of Fees
Section 55 - Filing of Other Amendments, Certificates, Statements and Reports; Fees