§2511. Financial reports to shareholders.

Latest version.

(a) General rule.--The requirements of section 1554 (relating to financial reports to shareholders) shall not apply to a registered corporation.

(b) Exception.--Subsection (a) does not apply to a registered corporation described in section 2502(2) (relating to registered corporation status) that has more than one shareholder.

Notation

Cross References. Section 2511 is referred to in section 1554 of this title.

                    
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