GroundRules
15 Pa.C.S. § 2539: Adoption of plan of merger by board of directors.
Where this section sits in the code
- Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
- PART II CORPORATIONS
- SUBPART B BUSINESS CORPORATIONS
- ARTICLE C DOMESTIC BUSINESS CORPORATION ANCILLARIES
- CHAPTER 25 REGISTERED CORPORATIONS
- SUBCHAPTER D FUNDAMENTAL CHANGES GENERALLY
Section 321(d)(1)(ii) (relating to approval by business corporation) shall be applicable to a plan relating to a merger to which a registered corporation described in section 2502(1)(i) (relating to registered corporation status) is a party only if the plan:
(1) has been approved by the board of directors of the registered corporation; and
(2) is consistent with the requirements, if applicable, of Subchapter F (relating to business combinations).
Collected 2026-09-02T16:31:13Z. Source file · JSON