§ 5750. Duration and extent of coverage.

321 words·~1 min read·/pa/title-15/chapter-57/5750

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

The indemnification and advancement of expenses provided by or granted pursuant to this subchapter shall, unless otherwise provided when authorized or ratified, continue as to a person who has ceased to be a representative of the corporation and shall inure to the benefit of the heirs and personal representative of that person. A right to indemnification or to advancement of expenses arising under a provision of the articles or bylaws may not be eliminated or impaired by an amendment to or repeal of the provision after the occurrence of an act that is the subject of the threatened, pending or completed action or proceeding, whether civil, criminal, administrative or investigative, for which indemnification or advancement of expenses is sought, unless the provision in effect at the time of the act explicitly authorizes the elimination or impairment after an act has occurred.

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

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SUBCHAPTER E

MEMBERS

Sec.

5751. Classes and qualifications of membership.

5752. Organization on a stock share basis.

5753. Membership certificates.

5754. Members grouped in local units.

5755. Time of holding meetings of members.

5756. Quorum.

5757. Action by members.

5758. Voting rights of members.

5759. Voting and other action by proxy.

5760. (Reserved).

5761. (Reserved).

5762. Voting by corporations.

5763. Determination of members of record.

5764. (Reserved).

5764.1. Actions by members to enforce a secondary right (Repealed).

5765. Judges of election.

5766. Consent of members in lieu of meeting.

5767. Appointment of custodian of corporation on deadlock or other cause.

5768. Reduction of membership below stated number.

5769. Termination and transfer of membership.

5770. Voting powers and other rights of certain

securityholders and other entities.

Enactment. Subchapter E was added as Subchapter D December 21, 1988, P.L.1444, No.177, effective October 1, 1989, and was relettered to Subchapter E December 19, 1990, P.L.834, No.198, effective immediately.

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