Home/Pennsylvania/Statutes/Title 15: CORPORATIONS AND UNINCORPORATED ASSOCIATIONS/Part: PART II/Ch. 19: FUNDAMENTAL CHANGES/Subch.: VOLUNTARY DISSOLUTION AND WINDING UP/§ 1976
Pennsylvania Statutes

§ 1976 — Judicial supervision of proceedings

Pennsylvania·Title 15 CORPORATIONS AND UNINCORPORATED ASSOCIATIONS·Part PART II·Ch. 19 FUNDAMENTAL CHANGES·Subch. VOLUNTARY DISSOLUTION AND WINDING UP
A business corporation that has elected to proceed under section 1975 (relating to predissolution provision for liabilities), at any time during the winding up proceedings, may apply to the court to have the proceedings continued under the supervision of the court and thereafter the proceedings shall continue under the supervision of the court as provided in Subchapter G (relating to involuntary liquidation and dissolution).

Free access — add to your briefcase to read the full text and ask questions with AI

Pennsylvania § 1976 (Judicial supervision of proceedings) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(June 22, 2001, P.L.418, No.34, eff. 60 days)

Nearby Sections

15
§ 1902
Statement of termination
§ 1903
Bankruptcy or insolvency proceedings
§ 1904
De facto transaction doctrine abolished
§ 1905
Proposal of fundamental transactions
§ 1906
Special treatment of holders of shares of same class or series
§ 1907
Purpose of fundamental transactions
§ 1908
Submission of matters to shareholders
§ 1911
Amendment of articles authorized
§ 1912
Proposal of amendments
§ 1913
Notice of meeting of shareholders
§ 1914
Adoption of amendments
§ 1915
Articles of amendment
§ 1916
Filing and effectiveness of articles of amendment
§ 1929.1
Limitations on asbestos-related liabilities relating to certain mergers or consolidations
§ 1932
Voluntary transfer of corporate assets
View on official source ↗