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
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