PocketLaw | Pennsylvania Consolidated Statutes | Corporate Powers,

Corporate Powers, Duties and Safeguards

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Corporate capacity

General powers

Defense of ultra vires

Adoption, amendment and contents of bylaws

Persons bound by bylaws

Form of execution of instruments

Registered office

Corporate records; inspection by shareholders

Bylaws and other powers in emergency

Certain specifically authorized debt terms

Additional powers of certain public utility corporations

Informational rights of a director

Authorized shares

Issuance of shares in classes or series; board action

Pricing and issuance of shares

Payment for shares

Stock rights and options

Liability of shareholders

Issuance of fractional shares or scrip

Shares represented by certificates and uncertificated shares

Transfer of securities; restrictions

Preemptive rights of shareholders

Voting powers and other rights of certain securityholders and other entities

Effect of failure to surrender securities converted by reorganization

Distributions to shareholders

Power of corporation to acquire its own shares

Liability for unlawful dividends and other distributions

Financial reports to shareholders

Application and effect of subchapter

Definitions

Record and beneficial holders and owners

Notice of intention to dissent

Notice to demand payment

Failure to comply with notice to demand payment, etc

Release of restrictions or payment for shares

Estimate by dissenter of fair value of shares

Valuation proceedings generally

Costs and expenses of valuation proceedings

Chapter Notes