CHAPTER23. STATUTORY CLOSE CORPORATIONS  


SUBCHAPTER A. PRELIMINARY PROVISIONS
§ 2301. Application and effect of chapter.
§ 2302. Definition of minimum vote.
§ 2303. Formation of statutory close corporations.
§ 2304. Additional contents of articles of statutory close corporations.
§ 2305. Election of an existing business corporation to become a statutory close corporation.
§ 2306. Limitations on continuation of statutory close corporation status.
§ 2307. Voluntary termination of statutory close corporation status by amendment of articles.
§ 2308. Issuance or transfer of shares of a statutory close corporation in breach of qualifying conditions.
§ 2309. Involuntary termination of statutory close corporation status; proceeding to prevent loss of status.
SUBCHAPTER B. SHARES
§ 2321. Shares.
§ 2322. Share transfer restrictions.
§ 2323. Transfer of shares in breach of transfer restrictions.
§ 2324. Corporation option where a restriction on transfer of a security is held invalid.
§ 2325. Sale option of estate of shareholder.
SUBCHAPTER C. POWERS, DUTIES AND SAFEGUARDS
§ 2331. Directors.
§ 2332. Management by shareholders.
§ 2333. Appointment of custodian for statutory close corporation.
§ 2334. Appointment of provisional director in certain cases.
§ 2335. Operating corporation as partnership.
§ 2336. Fundamental changes.
§ 2337. Option of shareholder to dissolve corporation.

Notation

Enactment.  Chapter 23 was added December 21, 1988, P.L.1444, No.177, effective October 1, 1989.

Cross References.  Chapter 23 is referred to in section 1103 of this title.