Pennsylvania Statutes
§ 1530 — Preemptive rights of shareholders
Pennsylvania § 1530
JurisdictionPennsylvania
Title 15CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
PartPART II
Ch. 15CORPORATE POWERS, DUTIES AND SAFEGUARDS
Subch.SHARES AND OTHER SECURITIES
This text of Pennsylvania § 1530 (Preemptive rights of shareholders) is published on Counsel Stack Legal Research, covering Pennsylvania primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
15 Pa. Cons. Stat. § 1530 (2026).
Text
(a)General rule.--Except as otherwise provided in the articles, a business corporation may issue shares, option rights or securities having conversion or option rights, or obligations without first offering them to shareholders of any class or classes.
(b)Cross references.--See sections 1525(e) (relating to shares subject to preemptive rights) and 2321(b) (relating to preemptive rights).
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Legislative History
(Dec. 19, 1990, P.L.834, No.198, eff. imd.; Dec. 18, 1992, P.L.1333, No.169, eff. 60 days) 1992 Amendment.Act 169 amended subsec. (b).
Nearby Sections
15
§ 1501
Corporate capacity§ 1502
General powers§ 1503
Defense of ultra vires§ 1505
Persons bound by bylaws§ 1507
Registered office§ 152
DefinitionsCite This Page — Counsel Stack
Bluebook (online)
Pennsylvania § 1530, Counsel Stack Legal Research, https://law.counselstack.com/statute/pa/1530.