Meetings of shareholders may be held at such geographic location within or without this Commonwealth as may be provided in or fixed pursuant to the bylaws. Below, we'll discuss two of the most common and significant corporate meetings: the annual shareholders meeting and the annual directors meeting.The Pennsylvania Sunshine Act, 65 Pa.CS §§ 701-716, requires agencies to deliberate and take official action on agency business in an open and public meeting. Shareholders must meet at least once a year unless the articles of incorporation or bylaws of the corporation state otherwise. Form of minutes of the board of directors of a Pennsylvania corporation, to be used when the board of directors takes actions at a meeting. (b) Annual meeting--There shall be at least one meeting of shareholders in each calendar year for the election of directors.

Director Meeting Vs Shareholder Meeting In Pennsylvania

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