Massachusetts General Laws
Chapter 156b - Certain Business Corporations
Section 74 - Restatement of Articles of Organization; Vote; Filing; Contents; Time Effective

Section 74. Every corporation may authorize, at a meeting duly called for the purpose, by vote of a majority of each class of stock outstanding and entitled to vote thereon, a restatement of its articles of organization. The restated articles of organization may effect further amendments of the articles of organization; provided, that every such further amendment is lawfully adopted in accordance with the provisions of, and is authorized by, section seventy or seventy-one. If the restated articles of organization only restate and do not amend the articles of organization, such restated articles may be authorized and adopted by the directors without a vote of the stockholders. After any meeting at which restated articles of organization have been adopted, such restated articles, signed under the penalties of perjury by the president or any vice president and by the clerk or assistant clerk, shall be submitted to the state secretary. Such restated articles of organization shall set forth all matter that would be required or permitted to be set forth in original articles of organization filed at the time of such meeting, other than the names and addresses of the incorporators, and shall indicate in a manner prescribed by the state secretary each amendment effected by such restated articles of organization.
The restated articles of organization shall become effective when filed in accordance with section six, unless the restated articles or the vote adopting the restated articles specify a later effective date not more than thirty days after such filing, in which event the restated articles of organization shall become effective on such later date. From and after the effective date thereof the restated articles of organization shall be deemed for all purposes to have superseded the original articles of organization and amendments and shall constitute the articles of organization of the corporation.

Structure Massachusetts General Laws

Massachusetts General Laws

Part I - Administration of the Government

Title XXII - Corporations

Chapter 156b - Certain Business Corporations

Section 1 - Short Title

Section 2 - Definitions; Corporation; Articles of Organization

Section 3 - Application of Chapter

Section 4 - Rights and Liabilities of Existing Corporations, Directors, Officers and Stockholders

Section 5 - Adoption of Chapter by Certain Corporations Created by Special Act; Liability for Debts

Section 6 - State Secretary; Duties

Section 6a - Correction of Inaccurate Corporate Records; Filing

Section 7 - Change of Law; Effect

Section 8 - Voting by Stockholders; Effect of Articles of Organization or By-Laws

Section 9 - Corporate Powers; Exceptions

Section 9a - Partnership

Section 9b - Contracts of Guarantee and Suretyship

Section 10 - Unauthorized Exercise of Franchise or Privilege or Transaction of Business; Injunction

Section 11 - Name

Section 12 - First Meeting; By-Laws; Officers; Consent to Action; Articles of Organization

Section 13 - Articles of Organization; Contents

Section 14 - Change of Principal Office

Section 15 - Limitation on Stock Holdings in Certain Other Corporations

Section 16 - Scope of By-Laws

Section 17 - Power to Make, Amend and Repeal By-Laws

Section 18 - Consideration for Issuance of Stock

Section 19 - Payment for Stock; Cash or Instalments; Record; Transfer

Section 20 - Pre-Emptive Rights

Section 21 - Unissued Shares; Authority to Issue; Consideration

Section 21a - Reacquired Shares; Restoration to Unissued Share Status

Section 22 - Terms of Payment; Demand; Notice of Payment Due

Section 23 - Stockholders' Liability for Issued Stock

Section 24 - Default of Subscriber; Sale; Deficiency or Surplus; Action; Forfeiture

Section 25 - Default in Instalment Payments; Sale; Surplus or Deficiency; Action; Forfeiture; Dividends on Forfeited Shares

Section 26 - Division of Class of Stock Into Series; Variations; Reissue of Restored Shares; Filing of Certificate

Section 27 - Certificates for Shares Held

Section 28 - Fractional Shares; Scrip; Dividends and Voting Rights; Exchange or Sale

Section 29 - Replacement of Certificates

Section 30 - Certificate for Stock Transferred as Collateral Security

Section 31 - Unclaimed Dividends; Publication

Section 32 - Location of Records; Stock and Transfer Records, Evidence, Exhibition or Refusal, Court Order

Section 32a - Restrictions on Exercise, Transfer, Receipt or Holding of Rights or Options Issued by Corporations

Section 33 - Annual Stockholders' Meeting

Section 34 - Special Stockholders' Meeting

Section 35 - Place of Stockholders' Meetings

Section 36 - Notice of Stockholders' Meeting

Section 37 - Waiver of Notice

Section 38a - Filing of Certificate

Section 39 - Quorum

Section 40 - Voting by Corporation

Section 41 - Stockholders' Voting Rights; Proxy Regulations

Section 41a - Agreements for Voting Shares

Section 42 - Record Date; Closing Transfer Books

Section 43 - Consent in Lieu of Stockholders' Meeting; Effect

Section 44 - Exercise of Stockholders' Rights by Incorporators Prior to Stock Issuance

Section 45 - Stockholders' Liability on Distribution Causing Insolvency

Section 46 - Stockholder's Action; Qualifications of Plaintiff

Section 47 - Directors; Number; Election; Qualifications

Section 48 - Election or Appointment of Officers; Qualifications; Bonds; Records of Proceedings

Section 49 - Resident Agent

Section 50 - Term of Officers and Directors; Contingent Term; Vacancy

Section 50a - Directors; Staggered Terms; Election for Exemption; Vacancies

Section 51 - Removal of Officers and Directors

Section 52 - Filling Vacancies

Section 53 - Certificate of Change in Officers or Directors; Forfeiture for Failure to File

Section 54 - Powers of Directors

Section 55 - Committees; Delegation of Powers

Section 56 - Meetings of Directors; Necessity of Notice

Section 57 - Quorum at Directors' Meeting

Section 58 - Notice of Directors' Meeting

Section 59 - Consent in Lieu of Directors' Meeting; Effect; Telephone Conference Meetings

Section 60 - Improper Stock Issue; Liability of Directors

Section 61 - Unauthorized Distributions; Liability of Directors

Section 62 - Loans to Insiders; Liability of Officers and Directors

Section 63 - False Statement or Report; Liability of Officers

Section 64 - False Articles; Liability of Officers and Incorporators

Section 65 - Good Faith and Prudence as Defense

Section 66 - Contribution

Section 67 - Indemnification of Officers and Directors

Section 68 - False Statement or Report; Domestic; Punishment

Section 69 - False Statement or Report; Other State or Country; Punishment

Section 70 - Amendments Authorized by Majority Vote

Section 71 - Amendment of Articles of Organization; Authorization by Corporation

Section 72 - Articles of Amendment; Filing; Time Effective

Section 73 - Amendment on Reorganization

Section 74 - Restatement of Articles of Organization; Vote; Filing; Contents; Time Effective

Section 75 - Mortgage or Disposal of Assets; Vote; Notice of Meeting

Section 76 - Dissenting Stockholder; Right to Demand Payment for Stock

Section 77 - Amendments Adversely Affecting Rights of Stockholder

Section 78 - Consolidation or Merger of Corporations

Section 79 - Consolidation or Merger With Foreign Corporation

Section 80 - Effect of Consolidation or Merger; Rights of Creditors

Section 81 - Surviving or New Corporation; Bond and Stock Issues to Complete Merger or Consolidation

Section 82 - Merger of Subsidiary Into Parent Corporation

Section 83 - Merger of Association or Trust Into Corporation

Section 83a - Domestic and Foreign Limited Liability Companies

Section 84 - Certificate of Filing Articles of Consolidation or Merger

Section 85 - Dissenting Stockholder; Right to Demand Payment for Stock; Exception

Section 86 - Sections Applicable to Appraisal; Prerequisites

Section 87 - Statement of Rights of Objecting Stockholders in Notice of Meeting; Form

Section 88 - Notice of Effectiveness of Action Objected To

Section 89 - Demand for Payment; Time for Payment

Section 90 - Demand for Determination of Value; Bill in Equity; Venue

Section 91 - Parties to Suit to Determine Value; Service

Section 92 - Decree Determining Value and Ordering Payment; Valuation Date

Section 93 - Reference to Special Master

Section 94 - Notation on Stock Certificates of Pendency of Bill

Section 95 - Costs; Interest

Section 96 - Dividends and Voting Rights After Demand for Payment

Section 97 - Status of Shares Paid For

Section 98 - Exclusive Remedy; Exception

Section 99 - Petition for Dissolution in Supreme Judicial Court; Cases

Section 100 - Voluntary Dissolution; Manner

Section 101 - Dissolution by State Secretary

Section 102 - Continuation for Purposes of Litigation and Settlement of Affairs

Section 103 - Petition for Distribution; Notice

Section 104 - Receivership; Dissolved or Terminated Corporation; Jurisdiction; Application; Powers of Receiver

Section 105 - Receivership; Corporation as Judgment Debtor; Powers of Receiver

Section 106 - Duties of Receiver

Section 107 - Dissolution; Return; Notice to Corporation

Section 108 - Revival of Dissolved Corporation for General or Limited Purposes; Conditions; Effect

Section 109 - Annual Report; Contents

Section 112 - Annual Report; Failure or Refusal to File; Penalties

Section 113 - Action to Recover Penalties and Forfeitures; Venue; Injunction

Section 114 - Filing Fees

Section 115 - Conveyance of Land

Section 116 - Certificate of Good Standing