15 Pa.C.S. § 1701

Applicability of subchapter

Known as the Associations Code

The act spans §§ 15-101 to 15-9507 (683 sections).

(Dec. 19, 1990, P.L.834, No.198, eff. imd.)

(a) General rule.--The provisions of this subchapter shall apply to every business corporation unless otherwise restricted:

(1) by any other provision of this subpart; or

(2) except with respect to section 1707(a) (relating to exception to requirement of notice), in the bylaws.

(b) Limitation on certain provisions in the articles.--The articles may not relax the statutory rights of shareholders to notice provided in this subchapter.

Official source: Pennsylvania General Assembly. Reproduced from public-domain Pennsylvania statutes; confirm against the official source for the current text. Not legal advice.