Section 27.4. Election of existing corporation to become a statutory close corporation  


Latest version.
  • Section 2305 of the BCL (relating to election of an existing business corporation to become a statutory close corporation) provides that a business corporation may become a statutory close corporation by filing Form DSCB: 15-2305 (Articles of Amendment-Election of Statutory Close Corporation Status-Domestic Business Corporation).

The provisions of this § 27.4 adopted April 17, 1992, effective April 18, 1992, 22 Pa.B. 1993.