2010 Pennsylvania Code
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 25 - Registered Corporations
2513 - Disparate treatment of certain persons.

     § 2513.  Disparate treatment of certain persons.
        (a)  General rule.--A registered corporation, except one
     described in section 2502(1)(ii) or (2) (relating to registered
     corporation status), that creates and issues any securities,
     contracts, warrants or other instruments evidencing any shares,
     option rights, securities having conversion or option rights, or
     obligations under section 1525 (relating to stock rights and
     options) may set forth therein such terms as are fixed by the
     board of directors, including, without limiting the generality
     of such authority, conditions including, but not limited to,
     conditions that preclude or limit any person or persons owning
     or offering to acquire a specified number or percentage of the
     outstanding common shares, other shares, option rights,
     securities having conversion or option rights, or obligations of
     the corporation or transferee or transferees of the person or
     persons from exercising, converting, transferring or receiving
     the shares, option rights, securities having conversion or
     option rights, or obligations.
        (b)  Cross reference.--See section 1525(c) (relating to
     standard of care unaffected).

        Cross References.  Section 2513 is referred to in sections
     1525, 1715, 1906 of this title.

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