{"data":{"id":"us-pa/15-pa.c.s.-1719","jurisdiction":"us-pa","citation":"15 Pa.C.S. § 1719","heading":"Renunciation of business opportunities.","body":"The articles of incorporation, or an action of the board of directors, may renounce any interest or expectancy of a business corporation in, or in being offered an opportunity to participate in, a specified business opportunity or specified classes or categories of business opportunities that are presented to the corporation or to one or more of its directors, officers or shareholders.","path":["Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS","PART II CORPORATIONS","SUBPART B BUSINESS CORPORATIONS","ARTICLE B DOMESTIC BUSINESS CORPORATIONS GENERALLY","CHAPTER 17 OFFICERS, DIRECTORS AND SHAREHOLDERS","SUBCHAPTER B FIDUCIARY DUTY"],"source_url":"https://www.palegis.us/statutes/consolidated/view-statute?txtType=HTM\u0026ttl=15\u0026div=0\u0026chpt=17\u0026sctn=19\u0026subsctn=0","current_through":"2026-07-28 (Statute Update stamp, 15 Pa.C.S.)","vintage":"","retrieved_at":"2026-09-02T16:31:13Z","sha256":"a6ed9a8453935265ed3f3593e1b822d736d31d2cd04f41a4d25120df513c6138","source_id":"us-pa","stale":false,"prev":"us-pa/15-pa.c.s.-1718","next":"us-pa/15-pa.c.s.-1721"},"notice":"GroundRules: Original legal text. Not legal advice."}