Massachusetts General Laws

Mass. Gen. Laws ch. 161, § 5 (2026)

Clerk and treasurer of association; term; vacancies

✓ current as of July 2026

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Section 5. The directors shall appoint a clerk and a treasurer who shall hold their respective offices until a clerk and a treasurer of the company are qualified in their stead. The directors shall fill any vacancy in their board, or in the office of clerk or treasurer, before the organization of the company.

Notes of Decisions

Cited in 1 case, 2015–2015 · leading case: Abdow v. Massachusetts Bay Transp. Auth., 33 Mass. L. Rptr. 126 (Mass. Super. Ct. 2015).

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Abdow v. Massachusetts Bay Transp. Auth., 33 Mass. L. Rptr. 126 (Mass. Super. Ct. 2015). “The Letter Agreement also provided that Wynn’s offer was subject to the advertisement and bid requirements of G.L.c. 161, §5(b) and that the MBTA’s acceptance was conditioned on the absence of any bids with a value that exceeded Wynn’s “bid.”

— Mass. Gen. Laws ch. 161, § 5(b) — 1 case

Abdow v. Massachusetts Bay Transp. Auth., 33 Mass. L. Rptr. 126 (Mass. Super. Ct. 2015). “The Letter Agreement also provided that Wynn’s offer was subject to the advertisement and bid requirements of G.L.c. 161, §5(b) and that the MBTA’s acceptance was conditioned on the absence of any bids with a value that exceeded Wynn’s “bid.”

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