GroundRules
← Search the law
Pennsylvania · Through 2026-07-28 (Statute Update stamp, 15 Pa.C.S.)

15 Pa.C.S. § 2512: Dissenters rights procedure.

Read at publisher ↗
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 C DOMESTIC BUSINESS CORPORATION ANCILLARIES
  5. CHAPTER 25 REGISTERED CORPORATIONS
  6. SUBCHAPTER B POWERS, DUTIES AND SAFEGUARDS

(a) General rule.--A registered corporation, except one described in section 2502(1)(ii) or (2) (relating to registered corporation status), shall not be required by statute to supply a copy of Subchapter D of Chapter 15 (relating to dissenters rights) to any of its shareholders entitled to dissenters rights in connection with a proposed corporate action from whom the corporation solicits a proxy relating to approval of, or to whom it sends an information statement relating to, the proposed corporate action.

(b) Exception.--Subsection (a) does not apply to notice given under sections 1575(a)(4) (relating to notice to demand payment) and 1577(c)(3) (relating to payment of fair value of shares).

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

Browse this collection