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§ 5305. Corporate shares

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 42 Pa.C.S.A. Judiciary and Judicial Procedure

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 42 Pa.C.S.A. Judiciary and Judicial Procedure (Refs & Annos)
Part VI. Actions, Proceedings and Other Matters Generally
Chapter 53. Bases of Jurisdiction and Interstate and International Procedure (Refs & Annos)
Subchapter A. General Provisions
42 Pa.C.S.A. § 5305
§ 5305. Corporate shares
Currentness
The tribunals of this Commonwealth shall have jurisdiction, whether or not the persons owning or claiming interests in the shares or share certificates are subject to the jurisdiction of the tribunals of this Commonwealth:
(1) Over shares in a corporation incorporated under the laws of this Commonwealth (subject to the limitations of Title 13 (relating to commercial code) ).
(2) Over share certificates which are located within this Commonwealth.
(3) Over shares in a corporation represented by share certificates located within this Commonwealth if the law of the jurisdiction of incorporation embodies the share in the share certificates.

Credits

1976, July 9, P.L. 586, No. 142, § 2, effective June 27, 1978. Amended 1979, Nov. 1, P.L. 255, No. 86, § 5, effective Jan. 1, 1980.
42 Pa.C.S.A. § 5305, PA ST 42 Pa.C.S.A. § 5305
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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