§ 1221. Informal action by shareholders
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 7 P.S. Banks and Banking
7 P.S. § 1221
§ 1221. Informal action by shareholders
Any action which may be taken at a meeting of shareholders may, unless otherwise provided in the articles or by-laws, be taken without a meeting if a consent or consents in writing setting forth the action so taken shall be signed by all of the shareholders who would be entitled to vote on such action at a meeting and shall be filed with the secretary of the institution.
Credits
1965, Nov. 30, P.L. 847, No. 356, § 1221.
7 P.S. § 1221, PA ST 7 P.S. § 1221
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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