reglab/housing_qa huggingface dataset:
15 PA Cons Stat § 2501 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS|Chapter 25 - Registered Corporations|Section 2501 - Application and effect of chapter

§ 2501. Application and effect of chapter. (a) General rule.--Except as otherwise provided in the scope provisions of subsequent subchapters of this chapter, this chapter shall be applicable to any business corporation that is a registered corporation as defined in section 2502 (relating to registered corporation status).  (b) Laws applicable to registered corporations.--Except as otherwise provided in this chapter, Part I (relating to preliminary provisions) and this subpart shall be generally applicable to all registered corporations. The specific provisions of this chapter shall control over the general provisions of Part I and this subpart. Except as otherwise provided in this article, a registered corporation may be simultaneously subject to this chapter and one or more other chapters of this article.  (c) Effect of a contrary provision of the articles.-- (1) Except as provided in section 2521 (relating to call of special meetings of shareholders), the articles of a registered corporation may provide either expressly or by necessary implication that any one or more of the provisions of Subchapters B (relating to powers, duties and safeguards), C (relating to directors and shareholders) and D (relating to fundamental changes generally) shall not be applicable in whole or in part to the corporation.  (2) The articles of a registered corporation may provide that any one or more of the provisions of Subchapter E (relating to control transactions) and following of this chapter shall not be applicable in whole or in part to the corporation only if, to the extent and in the manner, expressly permitted by the subchapter the applicability of which is so affected. Where any provision of Subchapter E and following of this chapter permits the applicability of a subchapter to be varied by a provision of the articles, the applicability may be varied by an amendment of the articles only if, to the extent and in the manner, expressly permitted by the subchapter the applicability of which is so affected.  (d) Rights cumulative.--The rights, remedies, prohibitions and requirements provided in Subchapter E and following of this chapter shall be in addition to and not in lieu of any other rights, remedies, prohibitions or requirements provided by this subpart, the articles or bylaws of the corporation, any securities, option rights or obligations of the corporation or otherwise.  (Dec. 18, 1992, P.L.1333, No.169, eff. 60 days; Oct. 22, 2014, P.L.2640, No.172, eff. July 1, 2015)    2014 Amendment. Act 172 amended subsecs. (b) and (c).  1992 Amendment. Act 169 amended subsec. (c) and added subsec. (d).
15 PA Cons Stat § 2502 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS|Chapter 25 - Registered Corporations|Section 2502 - Registered corporation status

§ 2502. Registered corporation status. Subject to additional definitions contained in subsequent provisions of this chapter which are applicable to specific subchapters of this chapter, as used in this chapter, the term "registered corporation" shall mean:  (1) A domestic business corporation: (i) that: (A) has a class or series of shares entitled to vote generally in the election of directors of the corporation registered under the Exchange Act; or  (B) is registered as a management company under the Investment Company Act of 1940 and in the ordinary course of business does not redeem outstanding shares at the option of a shareholder at the net asset value or at another agreed method or amount of value thereof; or  (ii) that is: (A) subject to the reporting obligations imposed by section 15(d) of the Exchange Act by reason of having filed a registration statement which has become effective under the Securities Act of 1933 relating to shares of a class or series of its equity securities entitled to vote generally in the election of directors; or  (B) registered as a management company under the Investment Company Act of 1940 and in the ordinary course of business redeems outstanding shares at the option of a shareholder at the net asset value or at another agreed method or amount of value thereof.  A corporation which satisfies both subparagraphs (i) and (ii) shall be deemed to be described solely in subparagraph (i) for the purposes of this chapter.  (2) A domestic business corporation all of the shares of which are owned, directly or indirectly, by one or more registered corporations or foreign corporations for profit described in section 4102(b) (relating to registered corporation exclusions).  (Apr. 27, 1990, P.L.129, No.36, eff. imd.; Dec. 19, 1990, P.L.834, No.198, eff. imd.)   Cross References. Section 2502 is referred to in sections 102, 1711, 2501, 2503, 2504, 2511, 2512, 2513, 2521, 2525, 2526, 2527, 2539, 2541, 2551, 2561, 2571, 2581 of this title.
15 PA Cons Stat § 2503 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS|Chapter 25 - Registered Corporations|Section 2503 - Acquisition of registered corporation status

§ 2503. Acquisition of registered corporation status.   (a) Registered corporations.--This chapter shall apply to a registered corporation described in section 2502(1) (relating to registered corporation status) on the day following the day on which the corporation becomes a registered corporation.  (b) Subsidiary corporations.--This chapter shall apply to a registered corporation described in section 2502(2) immediately upon the happening of any event whereby all of the shares of the corporation are owned, directly or indirectly, by one or more registered corporations or foreign corporations for profit described in section 4102(b) (relating to registered corporation exclusions).
15 PA Cons Stat § 2504 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS|Chapter 25 - Registered Corporations|Section 2504 - Termination of registered corporation status

§ 2504. Termination of registered corporation status.   (a) Registered corporations.--The applicability of this chapter to a registered corporation described in section 2502(1) (relating to registered corporation status) shall terminate immediately upon the termination of the status of the corporation as a registered corporation.  (b) Subsidiary corporations.--The applicability of this chapter to a registered corporation described in section 2502(2) shall terminate immediately upon the happening of any event whereby all of the shares of the corporation are no longer owned, directly or indirectly, by one or more registered corporations or foreign corporations for profit described in section 4102(b) (relating to registered corporation exclusions).
15 PA Cons Stat § 2511 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS|Chapter 25 - Registered Corporations|Section 2511 - Financial reports to shareholders

§ 2511. Financial reports to shareholders.   (a) General rule.--The requirements of section 1554 (relating to financial reports to shareholders) shall not apply to a registered corporation.  (b) Exception.--Subsection (a) does not apply to a registered corporation described in section 2502(2) (relating to registered corporation status) that has more than one shareholder.    Cross References. Section 2511 is referred to in section 1554 of this title.
15 PA Cons Stat § 2512 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS|Chapter 25 - Registered Corporations|Section 2512 - Dissenters rights procedure

§ 2512. Dissenters rights procedure. (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).    Cross References. Section 2512 is referred to in sections 321, 1571 of this title.
15 PA Cons Stat § 2513 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS|Chapter 25 - Registered Corporations|Section 2513 - Disparate treatment of certain persons

§ 2513. Disparate treatment of certain persons. (a) General rule.--A registered corporation, except one described in section 2502(1)(ii) or (2) (relating to registered corporation status), that creates and issues any securities, contracts, warrants or other instruments evidencing any shares, option rights, securities having conversion or option rights, or obligations under section 1525 (relating to stock rights and options) may set forth therein such terms as are fixed by the board of directors, including, without limiting the generality of such authority, conditions including, but not limited to, conditions that preclude or limit any person or persons owning or offering to acquire a specified number or percentage of the outstanding common shares, other shares, option rights, securities having conversion or option rights, or obligations of the corporation or transferee or transferees of the person or persons from exercising, converting, transferring or receiving the shares, option rights, securities having conversion or option rights, or obligations.  (b) Cross reference.--See section 1525(c) (relating to standard of care unaffected).    Cross References. Section 2513 is referred to in sections 1525, 1715 of this title.
15 PA Cons Stat § 2521 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS|Chapter 25 - Registered Corporations|Section 2521 - Call of special meetings of shareholders

§ 2521. Call of special meetings of shareholders. (a) General rule.--The shareholders of a registered corporation shall not be entitled by statute to call a special meeting of the shareholders.  (b) Exception.--Subsection (a) shall not apply to the call of a special meeting by an interested shareholder (as defined in section 2553 (relating to interested shareholder)) for the purpose of approving a business combination under section 2555(3) or (4) (relating to requirements relating to certain business combinations).  (c) Contrary articles provision.--A provision of the articles of a registered corporation described in section 2502(1) (relating to registered corporation status) adopted after July 1, 2015, may not provide that a special meeting may be called by less than 25% of the votes that all shareholders would be entitled to cast at the meeting.  (Oct. 22, 2014, P.L.2640, No.172, eff. July 1, 2015)   Cross References. Section 2521 is referred to in sections 1755, 2501 of this title.
15 PA Cons Stat § 2522 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS|Chapter 25 - Registered Corporations|Section 2522 - Adjournment of meetings of shareholders

§ 2522. Adjournment of meetings of shareholders.  Except as otherwise provided in the bylaws, any regular or special meeting of the shareholders of a registered corporation, including one at which directors are to be elected, may be adjourned for such period as the shareholders present and entitled to vote shall direct. (July 9, 2013, P.L.476, No.67, eff. 60 days)    Cross References. Section 2522 is referred to in section 1755 of this title.
15 PA Cons Stat § 2523 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS|Chapter 25 - Registered Corporations|Section 2523 - Quorum at shareholder meetings

§ 2523. Quorum at shareholder meetings.  The board of directors of a registered corporation may adopt or change a bylaw on any subject otherwise expressly committed to the shareholders by section 1756(a) (relating to quorum).    Cross References. Section 2523 is referred to in section 1756 of this title.
15 PA Cons Stat § 2524 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS|Chapter 25 - Registered Corporations|Section 2524 - Consent of shareholders in lieu of meeting

§ 2524. Consent of shareholders in lieu of meeting.   (a) General rule.--An action may be authorized by the shareholders of a registered corporation without a meeting by less than unanimous consent only if permitted by its articles.  (b) Effectiveness of action.--An action authorized by the shareholders of a registered corporation without a meeting by less than unanimous consent may become effective immediately upon its authorization, but prompt notice of the action shall be given to those shareholders entitled to vote thereon who have not consented.  (Dec. 19, 1990, P.L.834, No.198, eff. imd.; June 22, 2001, P.L.418, No.34, eff. 60 days)    Cross References. Section 2524 is referred to in section 1766 of this title.
15 PA Cons Stat § 2525 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS|Chapter 25 - Registered Corporations|Section 2525 - Appointment of custodian

§ 2525. Appointment of custodian.  Section 1767(a)(2) (relating to appointment of custodian of corporation on deadlock or other cause) shall not be applicable to a registered corporation described in section 2502(2) (relating to registered corporation status).  (Dec. 19, 1990, P.L.834, No.198, eff. imd.)    1990 Amendment. Act 198 added section 2525.  Cross References. Section 2525 is referred to in section 1767 of this title.
15 PA Cons Stat § 2526 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS|Chapter 25 - Registered Corporations|Section 2526 - Voting rights of directors

§ 2526. Voting rights of directors.  Every director of a registered corporation described in section 2502(1) (relating to registered corporation status) shall be entitled to one vote except as otherwise provided in: (1) the articles; or (2) a bylaw adopted by the shareholders either: (i) on or before August 21, 2001; or (ii) at a time when the corporation was not a registered corporation described in section 2502(1).  (June 22, 2001, P.L.418, No.34, eff. 60 days)    2001 Amendment. Act 34 added section 2526.  Cross References. Section 2526 is referred to in section 1729 of this title.
15 PA Cons Stat § 2527 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS|Chapter 25 - Registered Corporations|Section 2527 - Authority of board of directors

§ 2527. Authority of board of directors.  The authority, powers and functions of the board of directors of a registered corporation described in section 2502(1) (relating to registered corporation status) may not be varied, and a committee of the board of such a corporation may not be established, by a bylaw adopted by the shareholders unless the bylaw has been adopted: (1) with the approval of the board of directors; (2) on or before August 21, 2001; or (3) at a time when the corporation was not a registered corporation described in section 2502(1).  (June 22, 2001, P.L.418, No.34, eff. 60 days)    2001 Amendment. Act 34 added section 2527.  Cross References. Section 2527 is referred to in section 1721 of this title.
15 PA Cons Stat § 2528 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS|Chapter 25 - Registered Corporations|Section 2528 - Notice of shareholder meetings

§ 2528. Notice of shareholder meetings. If a registered corporation solicits proxies generally with respect to a meeting of its shareholders, the corporation is not required to give notice of the meeting to any shareholder to whom the corporation is not required to send a proxy statement pursuant to the rules of the Securities and Exchange Commission.  (July 9, 2013, P.L.476, No.67, eff. 60 days)   2013 Amendment. Act 67 added section 2528.  Cross References. Section 2528 is referred to in sections 1704, 1913, 1973 of this title.
15 PA Cons Stat § 2529 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS|Chapter 25 - Registered Corporations|Section 2529 - Voting lists

§ 2529. Voting lists.  A registered corporation is not required to produce or make available to its shareholders a list of shareholders in connection with any meeting of its shareholders for which a judge or judges of election are appointed, but such a list must be furnished to the judge or judges of election. (July 9, 2013, P.L.476, No.67, eff. 60 days)    2013 Amendment. Act 67 added section 2529.  Cross References. Section 2529 is referred to in section 1764 of this title.
15 PA Cons Stat § 2535 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS|Chapter 25 - Registered Corporations|Section 2535 - Proposal of amendment to articles

§ 2535. Proposal of amendment to articles.  The shareholders of a registered corporation shall not be entitled by statute to propose an amendment to the articles.    Cross References. Section 2535 is referred to in section 1912 of this title.
15 PA Cons Stat § 2536 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS|Chapter 25 - Registered Corporations|Section 2536 - Application by director for involuntary dissolution

§ 2536. Application by director for involuntary dissolution.  A director of a registered corporation, as such, shall not be entitled to file an application seeking involuntary winding up and dissolution of the corporation.    Cross References. Section 2536 is referred to in section 1981 of this title.
15 PA Cons Stat § 2537 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS|Chapter 25 - Registered Corporations|Section 2537 - Dissenters rights in asset transfers

§ 2537. Dissenters rights in asset transfers.  The shareholders of a registered corporation that adopts a plan of asset transfer shall not be entitled to dissenters rights except as provided by section 1906(c) (relating to dissenters rights upon special treatment) or unless the board of directors or the bylaws so provide pursuant to section 1571(c) (relating to grant of optional dissenters rights).    Cross References. Section 2537 is referred to in section 1932 of this title.
15 PA Cons Stat § 2539 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS|Chapter 25 - Registered Corporations|Section 2539 - Adoption of plan of merger by board of directors

§ 2539. Adoption of plan of merger by board of directors. 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).  (Dec. 18, 1992, P.L.1333, No.169, eff. 60 days; Oct. 22, 2014, P.L.2640, No.172, eff. July 1, 2015)    Cross References. Section 2539 is referred to in section 321 of this title.
15 PA Cons Stat § 2542 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS|Chapter 25 - Registered Corporations|Section 2542 - Definitions

§ 2542. Definitions.  The following words and phrases when used in this subchapter shall have the meanings given to them in this section unless the context clearly indicates otherwise:  "Control transaction." The acquisition by a person or group of the status of a controlling person or group.  "Controlling person or group." A controlling person or group as defined in section 2543 (relating to controlling person or group).  "Fair value." A value not less than the highest price paid per share by the controlling person or group at any time during the 90-day period ending on and including the date of the control transaction plus an increment representing any value, including, without limitation, any proportion of any value payable for acquisition of control of the corporation, that may not be reflected in such price.  "Partial payment amount." The amount per share specified in section 2545(c)(2) (relating to contents of notice).  "Subsidiary." Any corporation as to which any other corporation has or has the right to acquire, directly or indirectly, through the exercise of all warrants, options and rights and the conversion of all convertible securities, whether issued or granted by the subsidiary or otherwise, voting power over voting shares of the subsidiary that would entitle the holders thereof to cast in excess of 50% of the votes that all shareholders would be entitled to cast in the election of directors of such subsidiary, except that a subsidiary will not be deemed to cease being a subsidiary as long as such corporation remains a controlling person or group within the meaning of this subchapter.  "Voting shares." The term shall have the meaning specified in section 2552 (relating to definitions).  (Apr. 27, 1990, P.L.129, No.36, eff. imd.)
15 PA Cons Stat § 2544 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS|Chapter 25 - Registered Corporations|Section 2544 - Right of shareholders to receive payment for shares

§ 2544. Right of shareholders to receive payment for shares.  Any holder of voting shares of a registered corporation that becomes the subject of a control transaction who shall object to the transaction shall be entitled to the rights and remedies provided in this subchapter.