2012 Pennsylvania Consolidated Statutes
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 17 - Officers, Directors and Shareholders
Section 1701 - Applicability of subchapter

 

 

CHAPTER 17

OFFICERS, DIRECTORS AND SHAREHOLDERS

 

Subchapter

A.  Notice and Meetings Generally

B.  Fiduciary Duty

C.  Directors and Officers

D.  Indemnification

E.  Shareholders

F.  Derivative Actions

G.  Judicial Supervision of Corporate Action

 

Enactment.  Chapter 17 was added December 21, 1988, P.L.1444, No.177, effective October 1, 1989.

Cross References.  Chapter 17 is referred to in sections 1306, 1978 of this title.

 

 

SUBCHAPTER A

NOTICE AND MEETINGS GENERALLY

 

Sec.

1701.  Applicability of subchapter.

1702.  Manner of giving notice.

1703.  Place and notice of meetings of board of directors.

1704.  Place and notice of meetings of shareholders.

1705.  Waiver of notice.

1706.  Modification of proposal contained in notice.

1707.  Exception to requirement of notice.

1708.  Use of conference telephone or other electronic technology.

1709.  Conduct of shareholders meeting.

 

Cross References.  Subchapter A is referred to in sections 1913, 1923, 1973 of this title.

§ 1701.  Applicability of subchapter.

(a)  General rule.--The provisions of this subchapter shall apply to every business corporation unless otherwise restricted:

(1)  by any other provision of this subpart; or

(2)  except with respect to section 1707(a) (relating to exception to requirement of notice), in the bylaws.

(b)  Limitation on certain provisions in the articles.--The articles may not relax the statutory rights of shareholders to notice provided in this subchapter.

(Dec. 19, 1990, P.L.834, No.198, eff. imd.)

 

Cross References.  Section 1701 is referred to in section 1707 of this title.

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