Pennsylvania Statutes
§ 1907 — Purpose of fundamental transactions
Pennsylvania·Title 15 CORPORATIONS AND UNINCORPORATED ASSOCIATIONS·Part PART II·Ch. 19 FUNDAMENTAL CHANGES·Subch. PRELIMINARY PROVISIONS
A transaction under this chapter does not require an independent business purpose in order for the transaction to be lawful.
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Legislative History
(July 9, 2013, P.L.476, No.67, eff. 60 days) 2013 Amendment.Act 67 added section 1907.
Nearby Sections
15
§ 1902
Statement of termination§ 1912
Proposal of amendments§ 1914
Adoption of amendments§ 1915
Articles of amendment