Public-domain · open source
OpenJurist

15 Pa.C.S. § 5770

Voting powers and other rights of certain securityholders and other entities

Known as the Associations Code

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

(Dec. 21, 1988, P.L.1444, No.177, eff

The power to vote in respect to the corporate affairs and management of a membership corporation and other membership rights as may be provided in a bylaw adopted by the members may be conferred upon:

(1) Registered holders of obligations issued or to be issued by the corporation.

(2) The United States of America, the Commonwealth, a state, or any political subdivision of any of the foregoing, or any entity prohibited by law from becoming a member of a corporation.

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