State Codes and Statutes

Statutes > Pennsylvania > Title-15 > Chapter-57 > 5729

§ 5729. Voting rights of directors. (a) General rule.--Unless otherwise provided in a bylaw adopted by the members every director shall be entitled to one vote. (b) Multiple and fractional voting.--The requirement of this article for the presence of or vote or other action by a specified percentage of directors shall be satisfied by the presence of or vote or other action by directors entitled to cast such specified percentage of the votes which all directors are entitled to cast. Cross References. Section 5729 is referred to in section 5504 of this title.

State Codes and Statutes

Statutes > Pennsylvania > Title-15 > Chapter-57 > 5729

§ 5729. Voting rights of directors. (a) General rule.--Unless otherwise provided in a bylaw adopted by the members every director shall be entitled to one vote. (b) Multiple and fractional voting.--The requirement of this article for the presence of or vote or other action by a specified percentage of directors shall be satisfied by the presence of or vote or other action by directors entitled to cast such specified percentage of the votes which all directors are entitled to cast. Cross References. Section 5729 is referred to in section 5504 of this title.

State Codes and Statutes

State Codes and Statutes

Statutes > Pennsylvania > Title-15 > Chapter-57 > 5729

§ 5729. Voting rights of directors. (a) General rule.--Unless otherwise provided in a bylaw adopted by the members every director shall be entitled to one vote. (b) Multiple and fractional voting.--The requirement of this article for the presence of or vote or other action by a specified percentage of directors shall be satisfied by the presence of or vote or other action by directors entitled to cast such specified percentage of the votes which all directors are entitled to cast. Cross References. Section 5729 is referred to in section 5504 of this title.