Pennsylvania Code
Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

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The Pennsylvania Code website reflects the Pennsylvania Code changes effective through 54 Pa.B. 488 (January 27, 2024).

19 Pa. Code § 41.8. Naming of the first directors in the articles.

§ 41.8. Naming of the first directors in the articles.

 (a)  The first directors of the corporation may, but are not required to be named in the articles of incorporation.

 (b)  Section 5306(c) of the NPCL (relating to articles of incorporation) provides that the naming of directors in the articles of incorporation shall constitute an affirmation that the directors have consented in writing to serve as directors.

 (c)  If the directors are not named in the articles of incorporation, section 5310(a) of the NPCL (relating to organization meeting) provides that they shall be elected at the organization meeting of the incorporators.

Source

   The provisions of this §  41.8 adopted April 17, 1992, effective April 18, 1992, 22 Pa.B. 1993.


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