Home/Pennsylvania/Statutes/Title 15: CORPORATIONS AND UNINCORPORATED ASSOCIATIONS/Part: PART II/Ch. 17: OFFICERS, DIRECTORS AND SHAREHOLDERS/Subch.: FIDUCIARY DUTY/§ 1718
Pennsylvania Statutes

§ 1718 — Inconsistent articles ineffective

Pennsylvania·Title 15 CORPORATIONS AND UNINCORPORATED ASSOCIATIONS·Part PART II·Ch. 17 OFFICERS, DIRECTORS AND SHAREHOLDERS·Subch. FIDUCIARY DUTY
Except as otherwise expressly provided in this subchapter, the articles may not contain any provision that relaxes, restricts, is inconsistent with or supersedes any provision of this subchapter. Section 1306(b)(2) (relating to other provisions authorized) shall not apply to this subchapter.

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Legislative History

(Dec. 18, 1992, P.L.1333, No.169, eff. 60 days; Nov. 3, 2022, P.L.1791, No.122, eff. 60 days)

Nearby Sections

15
§ 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
§ 1711
Alternative provisions
§ 1712
Standard of care, justifiable reliance and business judgment rule
§ 1713
Personal liability of directors
§ 1714
Presumption of assent
§ 1715
Exercise of powers generally
§ 1716
Alternative standard
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