PRINTER'S NO. 3656
No. 2552 Session of 2002
INTRODUCED BY MANN, BROWNE, DALLY, THOMAS, GEORGE, HERMAN, PICKETT, McILHINNEY, BUNT, DeWEESE, GRUCELA, FREEMAN, R. MILLER, GEIST, JAMES, CREIGHTON, CURRY, TURZAI, SAMUELSON, L. I. COHEN, TRELLO, McCALL, YOUNGBLOOD, HARHAI, FORCIER, SAINATO, HARHART, STEELMAN, WASHINGTON, JOSEPHS AND SEMMEL, APRIL 10, 2002
REFERRED TO COMMITTEE ON STATE GOVERNMENT, APRIL 10, 2002
AN ACT 1 Amending Title 15 (Corporations and Unincorporated Associations) 2 of the Pennsylvania Consolidated Statutes, further providing 3 for qualifications of directors. 4 The General Assembly of the Commonwealth of Pennsylvania 5 hereby enacts as follows: 6 Section 1. Section 5722 of Title 15 of the Pennsylvania 7 Consolidated Statutes is amended to read: 8 § 5722. Qualifications of directors. 9 (a) General rule.--Each director shall be a natural person 10 of full age except as provided in subsection (b) who, unless 11 otherwise restricted in the bylaws, need not be a resident of 12 this Commonwealth or a member of the corporation. Except as 13 otherwise provided in this section, the qualifications of 14 directors may be prescribed in the bylaws. 15 (b) Directors under full age.--A nonprofit corporation may 16 include one or more directors on its board who are 16 or 17
1 years of age as long as that number does not exceed one-half of 2 the total number of directors required for a quorum for the 3 transaction of business. If a nonprofit corporation wishes to 4 have more than one director of 16 or 17 years of age, it must 5 first amend its articles of incorporation to reflect the number 6 of directors who may be 16 or 17 years of age. 7 Section 2. This act shall take effect in 60 days. C7L15JS/20020H2552B3656 - 2 -