§ 1531. Voting powers and other rights of certain securityholders and other entities.
The power to vote in respect to the corporate affairs and management of a business corporation and other shareholder rights as may be provided in the articles may be conferred upon:
(1) Registered holders of obligations issued or to be issued by the corporation.
(2) The United States of America, the Commonwealth, a state, or any political subdivision of any of the foregoing, or any entity prohibited by law from becoming a shareholder of a corporation.
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