May 14, 2020
Pennsylvania Business Corporation Law
Pennsylvania Business Corporation Law
Some Distinctive Features of the New Pennsylvania Business Corporation LawVincent F. Garrity, Jr., 45(1): 57–84 (Nov. 1989)
This Article summarizes some of the more innovative aspects of the new Pennsylvania Business Corporation Law, which became effective on October 1, 1989. Among the topics treated are the formal classification of corporation as "registered" or closely held, the concept of a "division" or reverse merger, different treatment of holders of shares of the same class in a corporate plan, "blank check" common stock, and alternate directors.