Pennsylvania Consolidated Statutes

15 Pa. Cons. Stat. § 1922 (2026)

 Plan of merger or consolidation (Repealed).

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§ 1922.  Plan of merger or consolidation (Repealed).

 

2014 Repeal.  Section 1922 was repealed October 22, 2014, P.L.2640, No.172, effective July 1, 2015.

Notes of Decisions
Cited in 6 cases, 2000–2013 · leading case: Seven Springs Farm, Inc. v. Croker, 801 A.2d 1212 (Pa. 2002).
Seven Springs Farm, Inc. v. Croker, 801 A.2d 1212 (Pa. 2002). · cites it 6× “15 Pa.C.S. § 1922(a). The Board of Directors must then adopt a resolution approving the plan of merger and direct that the plan be submitted to a vote of the shareholders.”
Fizzano Bros. Concrete Prods., Inc. v. XLN, Inc., 42 A.3d 951 (Pa. 2012). · cites it 6× “15 Pa.C.S. § 1922(a)(3) (emphasis added).”
Seven Springs Farm, Inc. v. Croker, 748 A.2d 740 (Pa. Super. Ct. 2000). · cites it 4× “See 15 Pa.C.S. § 1922(a)(3) and (b); see also 12 Summ.”
Lehman Bros. Holdings, Inc. v. Gateway Funding Diversified Mortg. Servs., L.P., 989 F. Supp. 2d 411 (E.D. Pa. 2013). · cites it 2× “3d at 968 ; 15 Pa. Cons.Stat. Ann. § 1922 (allowing owners of a predecessor corporation to surrender their shares of stock for ‘obligations’ of the successor corporation, or ‘cash, property, or rights’ in lieu of shares in the successor corporation).”
Lehman Bros. Holdings v. Gateway Funding Diversified Mortg. Servs., 942 F. Supp. 2d 516 (E.D. Pa. 2013). “Evidence of other forms of stockholder interest in the successor corporation may suffice; indeed, 15 Pa. Cons. Stat. Ann. § 1922(a)(3) [the state law governing corporate mergers] contemplates that continuing shareholder interest pursuant to a statutory merger may take the form…”
First Union Nat'l Bank v. Quality Carriers Inc., 48 Pa. D. & C.4th 1 (2000). “15 Pa.C.S. § 1922(a)(3). In addition, “[w]ritten notice of the meeting of shareholders that will act on the proposed plan shall be given to each shareholder of record, whether or not entitled to vote thereon, of each domestic business corporation that is a party to the merger or…”
15 Pa. Cons. Stat. § 1922(a): 1 case
Seven Springs Farm, Inc. v. Croker, 801 A.2d 1212 (Pa. 2002). “15 Pa.C.S. § 1922(a). The Board of Directors must then adopt a resolution approving the plan of merger and direct that the plan be submitted to a vote of the shareholders.”
15 Pa. Cons. Stat. § 1922(a)(3): 6 cases
Fizzano Bros. Concrete Prods., Inc. v. XLN, Inc., 42 A.3d 951 (Pa. 2012). “15 Pa.C.S. § 1922(a)(3) (emphasis added).”
Seven Springs Farm, Inc. v. Croker, 748 A.2d 740 (Pa. Super. Ct. 2000). “See 15 Pa.C.S. § 1922(a)(3) and (b); see also 12 Summ.”
Seven Springs Farm, Inc. v. Croker, 801 A.2d 1212 (Pa. 2002). “15 Pa.C.S. § 1922(a). The Board of Directors must then adopt a resolution approving the plan of merger and direct that the plan be submitted to a vote of the shareholders.”
Lehman Bros. Holdings, Inc. v. Gateway Funding Diversified Mortg. Servs., L.P., 989 F. Supp. 2d 411 (E.D. Pa. 2013). “3d at 968 ; 15 Pa. Cons.Stat. Ann. § 1922 (allowing owners of a predecessor corporation to surrender their shares of stock for ‘obligations’ of the successor corporation, or ‘cash, property, or rights’ in lieu of shares in the successor corporation).”
Lehman Bros. Holdings v. Gateway Funding Diversified Mortg. Servs., 942 F. Supp. 2d 516 (E.D. Pa. 2013). “Evidence of other forms of stockholder interest in the successor corporation may suffice; indeed, 15 Pa. Cons. Stat. Ann. § 1922(a)(3) [the state law governing corporate mergers] contemplates that continuing shareholder interest pursuant to a statutory merger may take the form…”
15 Pa. Cons. Stat. § 1922(c): 1 case
Seven Springs Farm, Inc. v. Croker, 801 A.2d 1212 (Pa. 2002). “15 Pa.C.S. § 1922(a). The Board of Directors must then adopt a resolution approving the plan of merger and direct that the plan be submitted to a vote of the shareholders.”
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