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Bill Information

Regular Session 1989-1990
Senate Bill 1310

Text

[History]

[Votes]

Short Title:

An Act amending Title 15 (Corporations and Unincorporated Associations) of the Pennsylvania Consolidated Statutes, clarifying the fiduciary obligations of directors of corporations and other associations; clarifying certain definitions; adding provisions relating to control-share acquisitions; and providing for disgorgement by certain controlling shareholders following attempts to acquire control of certain corporations, for severance compensation for employees terminated following certain control-share acquisitions and for the effect of business combination transactions on labor contracts.

Prime Sponsor:

Senator WENGER

Last Action:

Act No. 36 of 1990, April 27, 1990

Printer's No.:

Printer's No.	Text	(H) Amendments	(S) Amendments	(H) Fiscal Note	(S) Fiscal Note	Actuarial Note
2108*
2086
2046
1824
1747
1640

* denotes current Printer's Number

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Bill Information

Regular Session 1989-1990 Senate Bill 1310

Regular Session 1989-1990
Senate Bill 1310