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Organization meeting - 15 Pa. Cons. Stat. § 1310Legal Research Home > Pennsylvania Statutes
§ 1310. Organization meeting.
(a) General rule.--After the corporate existence begins, an
organization meeting of the initial directors or, if directors
are not named in the articles, of the incorporator or
incorporators shall be held, within or without this
Commonwealth, for the purpose of adopting bylaws which they
shall have authority to do at the meeting, of electing
directors, if directors are not named in the articles, and the
transaction of such other business as may come before the
meeting. A bylaw adopted at the organization meeting of
directors or incorporators shall be deemed to be a bylaw adopted
by the shareholders for the purposes of this subpart and of any
other provision of law.
(b) Call of and action at meeting.--The meeting may be held
at the call of any director or, if directors are not named in
the articles, of any incorporator, who shall give at least five
days' written notice thereof to each other director or
incorporator, which notice shall set forth the time and place of
the meeting. For the purposes of this section, any incorporator
may act in person, by written consent or by proxy signed by him
or his attorney-in-fact.
(c) Death or incapacity of directors or incorporators.--If a
designated director or an incorporator dies or is for any reason
unable to act at the meeting, the other or others may act. If
there is no other designated director or incorporator able to
act, any person for whom an incorporator was acting as agent may
act or appoint another to act in his stead.
Cross References. Section 1310 is referred to in section
1504 of this title.
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Last modified: November 27, 2007 |