15 Pa. C.S. § 2539

Current through P.A. Acts 2023-66

Section 2539 - Adoption of plan of merger by board of directors

Section 321(d)(1)(ii) (relating to approval by business corporation) shall be applicable to a plan relating to a merger to which a registered corporation described in section 2502(1)(i) (relating to registered corporation status) is a party only if the plan:

(1) has been approved by the board of directors of the registered corporation; and

(2) is consistent with the requirements, if applicable, of Subchapter F (relating to business combinations).

15 Pa.C.S. § 2539

Amended by P.L. 2639 2014 No. 172, § 24, eff. 7/1/2015.

1992, Dec. 18, P.L. 1333, No. 169, § 3, effective in 60 days.