Articles of Incorporation: Supermajority Requirements for Bylaw Amendments (PA) | Practical Law

Articles of Incorporation: Supermajority Requirements for Bylaw Amendments (PA) | Practical Law

A Standard Clause for the articles of incorporation of a Pennsylvania business corporation authorizing the board of directors to amend, adopt, or repeal bylaws and requiring the affirmative vote of a supermajority of the shareholders for the amendment, adoption, or repeal of a bylaw. This Standard Clause has integrated notes with important explanations and drafting tips.

Articles of Incorporation: Supermajority Requirements for Bylaw Amendments (PA)

Practical Law Standard Clauses w-000-0224 (Approx. 6 pages)

Articles of Incorporation: Supermajority Requirements for Bylaw Amendments (PA)

by Practical Law Corporate & Securities
Law stated as of 04 Dec 2023Pennsylvania
A Standard Clause for the articles of incorporation of a Pennsylvania business corporation authorizing the board of directors to amend, adopt, or repeal bylaws and requiring the affirmative vote of a supermajority of the shareholders for the amendment, adoption, or repeal of a bylaw. This Standard Clause has integrated notes with important explanations and drafting tips.