Code · Pennsylvania · Title 15 — CORPORATIONS AND UNINCORPORATED ASSOCIATIONS · Chapter 17

§ 1701. Applicability of subchapter.

94 words·~1 min read·/pa/title-15/chapter-17/1701

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)General rule.-- The provisions of this subchapter shall apply to every business corporation unless otherwise restricted:

(1)by any other provision of this subpart; or

(2)except with respect to section 1707(a) (relating to exception to requirement of notice), in the bylaws.

(b)Limitation on certain provisions in the articles.-- The articles may not relax the statutory rights of shareholders to notice provided in this subchapter.

15c1701v

(Dec. 19, 1990, P.L.834, No.198, eff. imd.)

Cross References. Section 1701 is referred to in section 1707 of this title.

15c1702s