15 Pa. C.S. § 1719

Current through P.A. Acts 2023-66
Section 1719 - Renunciation of business opportunities

The articles of incorporation, or an action of the board of directors, may renounce any interest or expectancy of a business corporation in, or in being offered an opportunity to participate in, a specified business opportunity or specified classes or categories of business opportunities that are presented to the corporation or to one or more of its directors, officers or shareholders.

15 Pa.C.S. § 1719

Added by P.L. TBD 2022 No. 122, § 45, eff. 1/2/2023.