Section 321(d)(1)(ii) (relating to approval by business corporation) shall be applicable to a plan relating to a merger to which a registered corporation described in section 2502(1)(i) (relating to registered corporation status) is a party only if the plan:
(1) has been approved by the board of directors of the registered corporation; and
(2) is consistent with the requirements, if applicable, of Subchapter F (relating to business combinations).
(Dec. 18, 1992, P.L.1333, No.169, eff. 60 days; Oct. 22, 2014, P.L.2640, No.172, eff. July 1, 2015)
Cross References. Section 2539 is referred to in sections 313, 321 of this title.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 25 - Registered Corporations
Section 2501 - Application and effect of chapter
Section 2502 - Registered corporation status
Section 2503 - Acquisition of registered corporation status
Section 2504 - Termination of registered corporation status
Section 2511 - Financial reports to shareholders
Section 2512 - Dissenters rights procedure
Section 2513 - Disparate treatment of certain persons
Section 2521 - Call of special meetings of shareholders
Section 2522 - Adjournment or postponement of meeting of shareholders
Section 2523 - Quorum at shareholder meetings
Section 2524 - Consent of shareholders in lieu of meeting
Section 2525 - Appointment of custodian
Section 2526 - Voting rights of directors
Section 2527 - Authority of board of directors
Section 2528 - Notice of shareholder meetings
Section 2530 - Qualifications of directors
Section 2535 - Proposal of amendment to articles
Section 2536 - Application by director for involuntary dissolution
Section 2537 - Dissenters rights in asset transfers
Section 2538 - Approval of transactions with interested shareholders
Section 2539 - Adoption of plan of merger by board of directors
Section 2541 - Application and effect of subchapter
Section 2543 - Controlling person or group
Section 2544 - Right of shareholders to receive payment for shares
Section 2545 - Notice to shareholders
Section 2546 - Shareholder demand for fair value
Section 2547 - Valuation procedures
Section 2548 - Coordination with control transaction
Section 2551 - Application and effect of subchapter
Section 2553 - Interested shareholder
Section 2554 - Business combination
Section 2555 - Requirements relating to certain business combinations
Section 2556 - Certain minimum conditions
Section 2561 - Application and effect of subchapter
Section 2563 - Acquiring person safe harbor
Section 2564 - Voting rights of shares acquired in a control-share acquisition
Section 2565 - Procedure for establishing voting rights of control shares
Section 2566 - Information statement of acquiring person
Section 2568 - Board determinations
Section 2571 - Application and effect of subchapter
Section 2572 - Policy and purpose
Section 2574 - Controlling person or group safe harbor
Section 2575 - Ownership by corporation of profits resulting from certain transactions
Section 2576 - Enforcement actions
Section 2582 - Severance compensation
Section 2583 - Enforcement and remedies
Section 2585 - Application and effect of subchapter
Section 2587 - Labor contracts preserved in business combination transactions