Pennsylvania Statutes
§ 5905 — Proposal of fundamental transactions
Pennsylvania·Title 15 CORPORATIONS AND UNINCORPORATED ASSOCIATIONS·Part PART II·Ch. 59 AMENDMENTS, SALE OF ASSETS·Subch. PRELIMINARY PROVISIONS
Where any provision of this chapter requires that an amendment of the articles or the dissolution of a nonprofit corporation be proposed or approved by action of the board of directors, that requirement shall be construed to authorize and be satisfied by the written agreement or consent of all of the members of the corporation entitled to vote thereon.
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Legislative History
(Oct. 22, 2014, P.L.2640, No.172, eff. July 1, 2015)
Nearby Sections
15
§ 5902
Statement of termination§ 5904
(Reserved)§ 5912
Proposal of amendments§ 5914
Adoption of amendments§ 5915
Articles of amendment§ 5974
Adoption of proposal