1. (1) with the approval of the board of directors;
2. (2) on or before August 21, 2001; or
3. (3) at a time when the corporation was not a registered corporation described in section 2502(1).

The authority, powers and functions of the board of directors of a registered corporation described in section 2502(1) (relating to registered corporation status) may not be varied, and a committee of the board of such a corporation may not be established, by a bylaw adopted by the shareholders unless the bylaw has been adopted:

(June 22, 2001, P.L.418, No.34, eff. 60 days)

2001 Amendment. Act 34 added section 2527.

Cross References. Section 2527 is referred to in section 1721 of this title.