{"data":{"id":"us-pa/15-pa.c.s.-1530","jurisdiction":"us-pa","citation":"15 Pa.C.S. § 1530","heading":"Preemptive rights of shareholders.","body":"(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.\n(b) Cross references.--See sections 1525(e) (relating to shares subject to preemptive rights) and 2321(b) (relating to preemptive rights).","path":["Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS","PART II CORPORATIONS","SUBPART B BUSINESS CORPORATIONS","ARTICLE B DOMESTIC BUSINESS CORPORATIONS GENERALLY","CHAPTER 15 CORPORATE POWERS, DUTIES AND SAFEGUARDS","SUBCHAPTER B SHARES AND OTHER SECURITIES"],"source_url":"https://www.palegis.us/statutes/consolidated/view-statute?txtType=HTM\u0026ttl=15\u0026div=0\u0026chpt=15\u0026sctn=30\u0026subsctn=0","current_through":"2026-07-28 (Statute Update stamp, 15 Pa.C.S.)","vintage":"","retrieved_at":"2026-09-02T16:31:13Z","sha256":"b669af82ecc6bcf7e16180ed1a4d7a1199fcfe7a6076aa5fdb5676dbb7be697e","source_id":"us-pa","stale":false,"prev":"us-pa/15-pa.c.s.-1529","next":"us-pa/15-pa.c.s.-1531"},"notice":"GroundRules: Original legal text. Not legal advice."}