A statutory close corporation shall be formed in accordance with Article B (relating to domestic business corporations generally) except that its articles shall contain:
(1) A heading stating the name of the corporation and that it is a statutory close corporation.
(2) The provision required by section 2304(a) (relating to additional contents of articles of statutory close corporations).
Cross References. Section 2303 is referred to in section 2307 of this title.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 23 - Statutory Close Corporations
Section 2301 - Application and effect of chapter
Section 2302 - Definition of minimum vote
Section 2303 - Formation of statutory close corporations
Section 2304 - Additional contents of articles of statutory close corporations
Section 2305 - Election of an existing business corporation to become a statutory close corporation
Section 2306 - Limitations on continuation of statutory close corporation status
Section 2307 - Voluntary termination of statutory close corporation status by amendment of articles
Section 2322 - Share transfer restrictions
Section 2323 - Transfer of shares in breach of transfer restrictions
Section 2324 - Corporation option where a restriction on transfer of a security is held invalid
Section 2325 - Sale option of estate of shareholder
Section 2332 - Management by shareholders
Section 2333 - Appointment of custodian for statutory close corporation
Section 2334 - Appointment of provisional director in certain cases
Section 2335 - Operating corporation as partnership
Section 2336 - Fundamental changes
Section 2337 - Option of shareholder to dissolve corporation