2010 Pennsylvania Code
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 25 - Registered Corporations
2527 - Authority of board of directors.

     § 2527.  Authority of board of directors.
        The authority, powers and functions of the board of directors
     of a registered corporation described in section 2502(1)
     (relating to registered corporation status) may not be varied,
     and a committee of the board of such a corporation may not be
     established, by a bylaw adopted by the shareholders unless the
     bylaw has been adopted:
            (1)  with the approval of the board of directors;
            (2)  on or before August 21, 2001; or
            (3)  at a time when the corporation was not a registered
        corporation described in section 2502(1).
     (June 22, 2001, P.L.418, No.34, eff. 60 days)

        2001 Amendment.  Act 34 added section 2527.
        Cross References.  Section 2527 is referred to in section
     1721 of this title.

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