Corporate shares. The tribunals of this Commonwealth shall have jurisdiction, whether or not the persons
Pennsylvania Consolidated Statutes
Section: 5305
Jurisdiction: PA
Bluebook Citation: 42 Pa. Cons. Stat. § 5305
§ 5305. Corporate shares. The tribunals of this Commonwealth shall have jurisdiction, whether or not the persons
owning or claiming interests in the shares or share certificates are subject to the
jurisdiction of the tribunals of this Commonwealth: (1) Over shares in a corporation incorporated under the laws of this Commonwealth (subject
to the limitations of Title 13 (relating to commercial code)). (2) Over share certificates which are located within this Commonwealth. (3) Over shares in a corporation represented by share certificates located within this
Commonwealth if the law of the jurisdiction of incorporation embodies the share in
the share certificates. (Nov. 1, 1979, P.L.255, No.86, eff. Jan. 1, 1980) Cross References. Section 5305 is referred to in section 2576 of Title 15 (Corporations and Unincorporated
Associations).
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