2010 Pennsylvania Code
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 17 - Officers, Directors and Shareholders
1704 - Place and notice of meetings of shareholders.

     § 1704.  Place and notice of meetings of shareholders.
        (a)  Place.--Meetings of shareholders may be held at such
     geographic location within or without this Commonwealth as may
     be provided in or fixed pursuant to the bylaws. Unless otherwise
     provided in or pursuant to the bylaws, all meetings of the
     shareholders shall be held at the executive office of the
     corporation wherever situated. If a meeting of the shareholders
     is held by means of the Internet or other electronic
     communications technology in a fashion pursuant to which the
     shareholders have the opportunity to read or hear the
     proceedings substantially concurrently with their occurrence,
     vote on matters submitted to the shareholders and pose questions
     to the directors, the meeting need not be held at a particular
     geographic location.
        (b)  Notice.--Written notice of every meeting of the
     shareholders shall be given by, or at the direction of, the
     secretary or other authorized person to each shareholder of
     record entitled to vote at the meeting at least:
            (1)  ten days prior to the day named for a meeting that
        will consider a fundamental change under Chapter 19 (relating
        to fundamental changes); or
            (2)  five days prior to the day named for the meeting in
        any other case.
     If the secretary or other authorized person neglects or refuses
     to give notice of a meeting, the person or persons calling the
     meeting may do so.
        (c)  Contents.--In the case of a special meeting of
     shareholders, the notice shall specify the general nature of the
     business to be transacted, and in all cases the notice shall
     comply with the express requirements of this subpart. The
     corporation shall not have a duty to augment the notice.
     (Dec. 19, 1990, P.L.834, No.198, eff. imd.; Dec. 18, 1992,
     P.L.1333, No.169, eff. 60 days; June 22, 2001, P.L.418, No.34,
     eff. 60 days)

        2001 Amendment.  Act 34 amended subsec. (a).
        1992 Amendment.  Act 169 amended subsec. (b).
        1990 Amendment.  Act 198 amended subsec. (b) and added
     subsec. (c).