15 Pennsylvania Consolidated Statutes § 1760 - Voting By Fiduciaries And Pledgees

§ 1760. Voting by fiduciaries and pledgees.

Shares of a business corporation standing in the name of a trustee or other fiduciary and shares held by an assignee for the benefit of creditors or by a receiver may be voted by the trustee, fiduciary, assignee or receiver. A shareholder whose shares are pledged shall be entitled to vote the shares until the shares have been transferred into the name of the pledgee, or a nominee of the pledgee, but nothing in this section shall affect the validity of a proxy given to a pledgee or nominee.

Section: Previous  1749  1750  1755  1756  1757  1758  1759  1760  1761  1762  1763  1764  1765  1766  1767  Next

Last modified: October 8, 2016