Section 1755(b)(2) of the BCL (relating to time of holding meetings of shareholders) provides that, unless otherwise provided in the articles, the shareholders entitled to cast at least 20% of the votes that all shareholders are entitled to cast at the particular meeting may call a special meeting of the shareholders. Section 2521 of the BCL (relating to call of special meetings of shareholders) provides that the shareholders of a registered corporation shall have no statutory right to call a special meeting of the shareholders. The statement in the articles eliminating this shareholder right to call a special meeting of the shareholders of a nonregistered corporation usually reads as follows:

The shareholders of the corporation shall not be entitled to call a special meeting of the shareholders of the corporation.

Source

The provisions of this § 23.13 adopted April 17, 1992, effective April 18, 1992, 22 Pa.B. 1993.