Section 5770 - Voting powers and other rights of certain securityholders and other entitiesThe power to vote in respect to the corporate affairs and management of a membership corporation and other membership rights as may be provided in a bylaw adopted by the members may be conferred upon:
(1)Registered holders of obligations issued or to be issued by the corporation.(2)The United States of America, the Commonwealth, a state, or any political subdivision of any of the foregoing, or any entity prohibited by law from becoming a member of a corporation. Renumbered from § 5767 and amended by P.L. 476 2013 No. 67, § 41, eff. 9/7/2013.