Pennsylvania Statutes Title 15 Pa.C.S.A. Corporations and Unincorporated Associations § 2302. Definition of minimum vote

(a) General rule.--As used in this chapter, the term “minimum vote” as applied to corporate action means that:

(b) Increased vote requirements.--The bylaws of a statutory close corporation adopted by the shareholders may provide that on any corporate action subject to the minimum vote requirement of subsection (a) a vote greater than two-thirds or a vote of all shares of any class shall be required.  If the bylaws contain such a provision, that provision shall not be amended, repealed or modified by any vote less than that required to effect such corporation action.