§ 1502. Authorized amendments
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 7 P.S. Banks and Banking
7 P.S. § 1502
§ 1502. Authorized amendments
(iv) to increase or diminish the aggregate number of shares which it has authority to issue or to reclassify the shares by changing the number, par value, designations, preferences, redemption provisions or relative, participating, optional or other special rights of the shares or the qualifications, limitations or restrictions of such rights, either with or without an increase or decrease in the number of shares, or
(b) Articles as amended under this section must be such as would be authorized as original articles under this act except that articles restated in their entirety shall state the location and post office address of the current instead of the original principal place of business of the institution and need not state the names or other information concerning the first directors or trustees or the incorporators.
Credits
1965, Nov. 20, P.L. 847, No. 356, § 1502.
7 P.S. § 1502, PA ST 7 P.S. § 1502
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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