Except as permitted or required by this chapter, a statutory close corporation shall not effect any corporate action that under Chapter 3 (relating to entity transactions) or 19 (relating to fundamental changes) requires the approval of shareholders unless the action is adopted by at least the minimum vote.
15 Pa.C.S. § 2336
Fundamental changes
Known as the Associations Code
The act spans §§ 15-101 to 15-9507 (683 sections).
(Nov. 3, 2022, P.L.1791, No.122, eff. 60 days)
Official source: Pennsylvania General Assembly. Reproduced from public-domain Pennsylvania statutes; confirm against the official source for the current text. Not legal advice.