Pennsylvania Statutes

§ 2526 — Voting rights of directors

Pennsylvania·Title 15 CORPORATIONS AND UNINCORPORATED ASSOCIATIONS·Part PART II·Ch. 25 REGISTERED CORPORATIONS·Subch. DIRECTORS AND SHAREHOLDERS

Every director of a registered corporation described in section 2502(1) (relating to registered corporation status) shall be entitled to one vote except as otherwise provided in:

(1)the articles; or
(2)a bylaw adopted by the shareholders either:
(i)on or before August 21, 2001; or
(ii)at a time when the corporation was not a registered corporation described in section 2502(1).

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Legislative History

(June 22, 2001, P.L.418, No.34, eff. 60 days) 2001 Amendment.Act 34 added section 2526. Cross References.Section 2526 is referred to in section 1729 of this title.

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