Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 1760 - Voting by fiduciaries and pledgees — Pennsylvania Law | CourtGPT
  1. Home/
  2. Laws/
  3. Pennsylvania/
  4. Title 15 - Corporations and Unincorporated Associations/
  5. Chapter 17 - Officers, Directors and Shareholdersextra - Chapter Notes/
  6. Section 1760 - Voting by fiduciaries and pledgees
Pennsylvania Legal Code

Section 1760 - Voting by fiduciaries and pledgees

Ask AI about this
Shares of a business corporation standing in the name of a trustee or other fiduciary and shares held by an assignee for the benefit of creditors or by a receiver may be voted by the trustee, fiduciary, assignee or receiver. A shareholder whose shares are pledged shall be entitled to vote the shares until the shares have been transferred into the name of the pledgee, or a nominee of the pledgee, but nothing in this section shall affect the validity of a proxy given to a pledgee or nominee.