Pennsylvania Statutes Title 15 Pa.C.S.A. Corporations and Unincorporated Associations § 2305. Election of an existing business corporation to become a statutory close corporation

(a) General rule.--A business corporation may become a statutory close corporation under this chapter by amending its articles so that they shall contain, in addition to the requirements of section 1911(b) (relating to exceptions):

(b) Procedure.--The amendment shall not be effective unless it is adopted by the affirmative vote of all shareholders of the corporation whether or not otherwise entitled to vote thereon.