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Pennsylvania · Through 2026-07-28 (Statute Update stamp, 15 Pa.C.S.)

15 Pa.C.S. § 1530: Preemptive rights of shareholders.

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Where this section sits in the code
  1. Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
  2. PART II CORPORATIONS
  3. SUBPART B BUSINESS CORPORATIONS
  4. ARTICLE B DOMESTIC BUSINESS CORPORATIONS GENERALLY
  5. CHAPTER 15 CORPORATE POWERS, DUTIES AND SAFEGUARDS
  6. SUBCHAPTER B SHARES AND OTHER SECURITIES

(a) General rule.--Except as otherwise provided in the articles, a business corporation may issue shares, option rights or securities having conversion or option rights, or obligations without first offering them to shareholders of any class or classes.

(b) Cross references.--See sections 1525(e) (relating to shares subject to preemptive rights) and 2321(b) (relating to preemptive rights).

Collected 2026-09-02T16:31:13Z. Source file · JSON

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