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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) Written notice required to be given to any person under the provisions of this act or under the articles or bylaws of an association may be given to such person, either personally or by sending a copy thereof through the mail, or by telegram, charges prepaid, to his address appearing on the books of the association, or supplied by him to the association for the purpose of notice. If the notice is sent by mail or by telegraph, it shall be deemed to have been given to the person entitled thereto when deposited in the United States mail or with a telegraph office for transmission to such person. If such notice is of a meeting, it shall specify the place, date and hour of the meeting, and, in the case of a special meeting of members, the general nature of the business to be transacted.
(b) Any written notice required to be given under the provisions of this act or the articles or bylaws of an association need not be given if there is a waiver thereof in writing, signed by the person entitled to such notice, whether before or after the time when the notice would otherwise be required to be given. If the notice is of a meeting other than a special meeting of members, neither the business to be transacted at, nor the purpose of, the meeting need be specified in the waiver of notice.
(c) Attendance of a person, either in person or by proxy, at any meeting shall constitute a waiver of notice of such meeting, except where a person attends a meeting for the express purpose of objecting to the transaction of any business because the meeting was not lawfully called or convened.
(d) If the language of a proposed resolution or a proposed plan requiring approval by members is included in a written notice of a meeting of members, the members' meeting considering the resolution or plan may adopt it with such clarifying or other amendments as do not enlarge its original purpose without further notice to members not present in person or by proxy.
Cite this article: FindLaw.com - Pennsylvania Statutes Title 7 P.S. Banks and Banking § 6020-8. Notices - last updated January 01, 2025 | https://codes.findlaw.com/pa/title-7-ps-banks-and-banking/pa-st-sect-7-6020-8/
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