Pennsylvania § 323 Approval by general partnership

Pennsylvania Statutes

§ 323 — Approval by general partnership

Pennsylvania § 323

JurisdictionPennsylvania

Title 15CORPORATIONS AND UNINCORPORATED ASSOCIATIONS

PartPART I

Ch. 3ENTITY TRANSACTIONS

Subch.APPROVAL OF ENTITY TRANSACTIONS

This text of Pennsylvania § 323 (Approval by general partnership) is published on Counsel Stack Legal Research, covering Pennsylvania primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

15 Pa. Cons. Stat. § 323 (2026).

Text

(a)General rule.--A plan shall be approved in the case of a domestic general partnership as follows:

(1)in the manner provided in its organic rules for the type of plan involved;

(2)if its organic rules do not provide for approval of the type of plan involved, in the manner provided in its organic rules for approval of a plan of merger; or

(3)if its organic rules do not provide for approval of the type of plan involved or a plan of merger, the plan shall be approved by all of the partners.

(b)Cross reference.--See section 3304(b) (relating to election of benefit corporation status).

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(a) General rule.--A plan shall be approved in the case of a domestic general partnership as follows:

(1) in the manner provided in its organic rules for the type of plan involved;

(2) if its organic rules do not provide for approval of the type of plan involved, in the manner provided in its organic rules for approval of a plan of merger; or

(3) if its organic rules do not provide for approval of the type of plan involved or a plan of merger, the plan shall be approved by all of the partners.

(b) Cross reference.--See section 3304(b) (relating to election of benefit corporation status).