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New Jersey followed New York's lead in 1816, when it enacted its first corporate law. [3] In 1837, Connecticut adopted a general corporation statute that allowed for the incorporation of any corporation engaged in any lawful business. [3] Delaware did not enact its first corporation law until 1883.
Incorporation is the formation of a new corporation. The corporation may be a business , a nonprofit organization , sports club , or a local government of a new city or town [ citation needed ] .
The Massachusetts General Court, formally the General Court of Massachusetts, [1] is the state legislature of the Commonwealth of Massachusetts located in the state capital of Boston. The name "General Court" is a holdover from the earliest days of the Massachusetts Bay Colony, when the colonial assembly, in addition to making laws, sat as a ...
AA Berle and GC Means, The Modern Corporation and Private Property (1932) Book I, ch IV, 64 The Wall Street Crash saw the total collapse of stock market values, as shareholders realized that corporations had become overpriced. They sold shares en masse, meaning many companies found it hard to get finance. The result was that thousands of businesses were forced to close, and they laid off ...
The Constitution of Massachusetts is the foremost source of state law. Legislation is enacted by the General Court, published in the Acts and Resolves of Massachusetts, and codified in the General Laws of Massachusetts. State agency regulations (sometimes called administrative law) are published in the Massachusetts Register and codified in the ...
The law abolishing Middlesex County also provided for the elimination of Hampden County and Worcester County on July 1, 1998. This law was later amended to abolish Hampshire County on January 1, 1999; Essex County and Suffolk County on July 1 of that same year; and Berkshire County on July 1, 2000.
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