Pennsylvania Consolidated & Unconsolidated Statutes
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 5 - Corporations

Extra - Chapter Notes - Enactment. Chapter 5 was added December 21, 1988, P.L.1444, No.177,...

Section 501 - Reserved power of General Assembly - (a) General rule.--All charters of private corporations and all present...

Section 502 - Application of chapter - (a) General rule.--Except as otherwise provided in the scope provisions...

Section 503 - Actions to revoke corporate franchises - (a) General rule.--The Attorney General may institute proceedings to revoke...

Section 504 - Validation of certain defective corporations - Where heretofore or hereafter any act has been or may...

Section 505 - Validation of certain defective corporate acts - Where any corporation governed by this part or created or...

Section 506 - Scope and duration of certain franchises - (a) General rule.--Except as provided in subsection (b), whenever any...

Section 507 - Validation of certain share authorizations - (a) General rule.--Where heretofore any domestic corporation for profit shall...

Section 511 - Application and effect of subchapter - (a) General rule.--This subchapter applies to and the terms "corporation"...

Section 512 - Standard of care, justifiable reliance and business judgment rule - (a) Directors.--A director of a domestic corporation shall stand in...

Section 513 - Personal liability of directors - (a) General rule.--If a bylaw adopted by the shareholders entitled...

Section 514 - Presumption of assent - A director of a domestic corporation who is present at...

Section 515 - Exercise of powers generally - (a) General rule.--In discharging the duties of their respective positions,...

Section 516 - Alternative standard - (a) General rule.--In discharging the duties of their respective positions,...

Section 517 - Limitation on standing - The duty of the board of directors, committees of the...

Section 518 - Nonexclusivity and supplementary coverage - (a) General rule.--The indemnification and advancement of expenses provided by...

Section 521 - Pensions and allowances - A banking institution may grant allowances or pensions to officers,...

Section 522 - Indemnification of authorized representatives - A banking institution shall be governed by the provisions of...

Section 523 - Actions by shareholders or members to enforce a secondary right - (a) General rule.--A banking institution shall be governed by the...

Section 524 - Renunciation of business opportunities - The articles of incorporation, or an action of the board...