2010 Pennsylvania Code
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 25 - Registered Corporations
2524 - Consent of shareholders in lieu of meeting.

     § 2524.  Consent of shareholders in lieu of meeting.
        (a)  General rule.--An action may be authorized by the
     shareholders of a registered corporation without a meeting by
     less than unanimous consent only if permitted by its articles.
        (b)  Effectiveness of action.--An action authorized by the
     shareholders of a registered corporation without a meeting by
     less than unanimous consent may become effective immediately
     upon its authorization, but prompt notice of the action shall be
     given to those shareholders entitled to vote thereon who have
     not consented.
     (Dec. 19, 1990, P.L.834, No.198, eff. imd.; June 22, 2001,
     P.L.418, No.34, eff. 60 days)

        Cross References.  Section 2524 is referred to in section
     1766 of this title.