15 Pa. C.S. § 2568

Current through P.A. Acts 2023-66

Section 2568 - Board determinations

All determinations made by the board of directors of the registered corporation under this subchapter shall be presumed to be correct unless shown by clear and convincing evidence that the determination was not made by the directors in good faith after reasonable investigation or was clearly erroneous.

15 Pa.C.S. § 2568

1990, April 27, P.L. 129, No. 36, § 6, imd. effective. Renumbered from § 2567 by 1990, Dec. 19, P.L. 834, No. 198, § 102, imd. effective.