News Release
For Immediate Release
December 6, 2011
Contact: Aaron Zappia
(215) 657-7700

Committee Approves Bill to Help PA Businesses

Today the Senate Judiciary Committee, chaired by Senator Stewart Greenleaf, approved legislation which will improve the State's business climate by making Pennsylvania's business law more competitive with other states.

Senate Bill 884, sponsored by Senator Greenleaf, makes changes in the Business Corporation Law so that businesses may make better use of electronic communications technology to provide notice of meetings, granting of proxies and acting by consent without a meeting.

The legislation also continues the codification of the Nonprofit Corporation Law so that the provisions relating to electronic communications in the Business Corporation Law and the Nonprofit Corporation Law are the same.

Senator Greenleaf commented, "This legislation is important for businesses so that the law governing for-profit and not-for-profit organizations will be an internally consistent body of statutory law."

Senate Bill 884 is a continuation of the work of the Title 15 Task Force of the Pennsylvania Bar Association.  Senator Greenleaf has worked closely with the task force on Senate Bill 884 and other business law legislation.