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Extra - Chapter Notes - Enactment. Chapter 15 was added December 21, 1988, P.L.1444, No.177,...
Section 1501 - Corporate capacity - Except as provided in section 103 (relating to subordination of...
Section 1502 - General powers - (a) General rule.--Subject to the limitations and restrictions imposed by...
Section 1503 - Defense of ultra vires - (a) General rule.--A limitation upon the business, purposes or powers...
Section 1504 - Adoption, amendment and contents of bylaws - (a) General rule.--Except as otherwise provided in this subpart, the...
Section 1505 - Persons bound by bylaws - Except as otherwise provided by section 1713 (relating to personal...
Section 1506 - Form of execution of instruments - (a) General rule.--Any form of execution provided in the articles...
Section 1507 - Registered office - (a) General rule.--Every business corporation shall have and continuously maintain...
Section 1508 - Corporate records; inspection by shareholders - (a) Required records.--Every business corporation shall keep complete and accurate...
Section 1509 - Bylaws and other powers in emergency - (a) General rule.--Except as otherwise restricted in the bylaws, the...
Section 1510 - Certain specifically authorized debt terms - (a) Interest rates.--A business corporation shall not plead or set...
Section 1511 - Additional powers of certain public utility corporations - (a) General rule.--A public utility corporation shall, in addition to...
Section 1512 - Informational rights of a director - (a) General rule.--To the extent reasonably related to the performance...
Section 1513 - Forum selection provisions - (a) General rule.--The bylaws may provide that: (1) an internal...
Section 1521 - Authorized shares - (a) General rule.--Every business corporation shall have power to create...
Section 1522 - Issuance of shares in classes or series; board action - (a) General rule.--The division of shares into classes and into...
Section 1523 - Pricing and issuance of shares - Except as otherwise restricted in the bylaws, shares of a...
Section 1524 - Payment for shares - (a) General rule.--Consideration for shares, unless otherwise restricted in the...
Section 1525 - Stock rights and options - (a) General rule.--Except as otherwise provided in its articles prior...
Section 1526 - Liability of shareholders - (a) General rule.--A shareholder of a business corporation shall not...
Section 1527 - Issuance of fractional shares or scrip - (a) General rule.--A business corporation may but shall not be...
Section 1528 - Shares represented by certificates and uncertificated shares - (a) General rule.--The shares of a business corporation shall be...
Section 1529 - Transfer of securities; restrictions - (a) General rule.--The transfer of securities of a business corporation...
Section 1530 - Preemptive rights of shareholders - (a) General rule.--Except as otherwise provided in the articles, a...
Section 1531 - Voting powers and other rights of certain securityholders and other entities - The power to vote in respect to the corporate affairs...
Section 1532 - Effect of failure to surrender securities converted by reorganization - Whenever any outstanding securities of a business corporation are converted...
Section 1551 - Distributions to shareholders - (a) General rule.--Unless otherwise restricted in the bylaws, the board...
Section 1552 - Power of corporation to acquire its own shares - (a) General rule.--A business corporation shall have the power to...
Section 1553 - Liability for unlawful dividends and other distributions - (a) Directors.--Except as otherwise provided pursuant to section 1713 (relating...
Section 1554 - Financial reports to shareholders - (a) General rule.--Except as otherwise provided in subsection (d) or...
Section 1571 - Application and effect of subchapter - (a) General rule.--Except as otherwise provided in subsection (b), any...
Section 1572 - Definitions - The following words and phrases when used in this subchapter...
Section 1573 - Record and beneficial holders and owners - (a) Record holders of shares.--A record holder of shares of...
Section 1574 - Notice of intention to dissent - If the proposed corporate action is submitted to a vote...
Section 1575 - Notice to demand payment - (a) General rule.--If the proposed corporate action is approved by...
Section 1576 - Failure to comply with notice to demand payment, etc - (a) Effect of failure of shareholder to act.--A shareholder who...
Section 1577 - Release of restrictions or payment for shares - (a) Failure to effectuate corporate action.--Within 60 days after the...
Section 1578 - Estimate by dissenter of fair value of shares - (a) General rule.--If the business corporation gives notice of its...
Section 1579 - Valuation proceedings generally - (a) General rule.--Within 60 days after the latest of: (1)...
Section 1580 - Costs and expenses of valuation proceedings - (a) General rule.--The costs and expenses of any proceeding under...