Pennsylvania § 5305 - Corporate shares.
Full text of Pennsylvania Pennsylvania Consolidated Statutes § 5305 — Corporate shares., with citation guidance and answers to common questions.
§ 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).
Frequently Asked Questions About Pennsylvania § 5305
What does Pennsylvania Consolidated Statutes § 5305 cover?
Section 5305 ("Corporate shares.") is part of the Pennsylvania Consolidated Statutes, the codified statutory law of Pennsylvania. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Pennsylvania § 5305?
A common citation format is "Pennsylvania Consolidated Statutes § 5305" (Pennsylvania). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Pennsylvania law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Pennsylvania official source linked on this page or consult a licensed Pennsylvania attorney.
How does Pennsylvania § 5305 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Pennsylvania can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Pennsylvania.