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

§ 1722. Qualifications of directors.

100 words·~1 min read·/pa/title-15/chapter-17/1722

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

(a)General rule.-- Each director of a business corporation shall be a natural person of full age who, unless otherwise restricted in the bylaws, need not be a resident of this Commonwealth or a shareholder of the corporation. Except as otherwise provided in this section, the qualifications of directors may be prescribed in the bylaws.

(b)Cross references.-- See sections 2530 (relating to qualifications of directors) and 3131 (relating to directors).

15c1722v

(Dec. 19, 1990, P.L.834, No.198, eff. imd.; Nov. 3, 2022, P.L.1791, No.122, eff. 60 days)

2022 Amendment. Act 122 amended subsec. (b).

15c1723s