Current through 2024 legislation effective May 8, 2024
Section 1701 - Applicability of subchapter(a) General rule.--The provisions of this subchapter shall apply to every business corporation unless otherwise restricted: (1) by any other provision of this subpart; or(2) except with respect to section 1707(a) (relating to exception to requirement of notice), in the bylaws.(b) Limitation on certain provisions in the articles.--The articles may not relax the statutory rights of shareholders to notice provided in this subchapter.1988, Dec. 21, P.L. 1444, No. 177, § 103, effective 10/1/1989. Amended 1990, Dec. 19, P.L. 834, No. 198, § 102, imd. effective.