15 Pa. C.S. § 1722

Current through 2024 legislation effective May 8, 2024
Section 1722 - Qualifications of directors
(a) General rule.--Each director of a business corporation shall be a natural person of full age who, unless otherwise restricted in the bylaws, need not be a resident of this Commonwealth or a shareholder of the corporation. Except as otherwise provided in this section, the qualifications of directors may be prescribed in the bylaws.
(b) Cross references.--See sections 2530 (relating to qualifications of directors) and 3131 (relating to directors).

15 Pa.C.S. § 1722

Amended by P.L. TBD 2022 No. 122, § 46, eff. 1/2/2023.
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.