United States · Pennsylvania

Annual meeting requirements in Pennsylvania (PBCL)

Pennsylvania corporations must hold an annual shareholders' meeting under 15 Pa. C.S. § 1755 at a time fixed by the bylaws. The meeting can be replaced by majority written consent under § 1766.

Governing statute
Pennsylvania Business Corporation Law, 15 Pa. C.S. § 1101 et seq.
15 Pa. C.S. § 1755Annual meeting required
15 Pa. C.S. § 1766Partial written consent (unique PA feature)
15 Pa. C.S. § 1704Notice of meeting
15 Pa. C.S. § 1757Voting
DeadlineEach year as fixed by bylaws
Written consentPermits partial consent with notice to non-consenting shareholders
At a glance
  • Annual meeting under 15 Pa. C.S. § 1755 at time fixed by bylaws
  • Pennsylvania permits PARTIAL written consent under § 1766 (unique feature)
  • Notice required to non-consenting shareholders after partial consent
  • Notice 5-60 days before the meeting under § 1704
  • Court-ordered meeting available if annual cycle lapses

15 Pa. C.S. § 1755 requirements

Section 1755 of the Pennsylvania Business Corporation Law requires every Pennsylvania corporation to hold an annual shareholders' meeting at a time fixed by the bylaws. The meeting elects directors and addresses other proper business.

Partial written consent under § 1766

Pennsylvania has a distinctive partial-consent provision under 15 Pa. C.S. § 1766. Action may be taken by written consent of the minimum shareholders required to authorize the action at a meeting (typically majority), with prompt notice to all non-consenting shareholders. This is similar to Delaware's § 228 but with the explicit notice-to-non-consenting requirement that Minnesota also has.

Recent annual filing transition

Pennsylvania's broader 2024-2025 transition from decennial to annual public-record filings (under 15 Pa. C.S. § 146) is separate from the annual-meeting requirement but adds a new annual obligation for Pennsylvania corporations. For corporate-records purposes, the annual meeting under § 1755 and the new annual public-record filing under § 146 are independent calendar items.

What's distinctive about Pennsylvania

Pennsylvania's partial-consent regime under § 1766 (with notice to non-consenting shareholders) sits between unanimous-consent states (Illinois, Arizona) and pure majority-consent states (Delaware, Colorado). The notice requirement gives minority shareholders information they wouldn't have in pure majority states. Combined with the 2025 transition to annual public-record filings, Pennsylvania's overall annual-cycle framework is undergoing significant evolution. The $7 annual filing fee is now the lowest in the US.

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