Home/Pennsylvania/Statutes/Title 15: CORPORATIONS AND UNINCORPORATED ASSOCIATIONS/Part: PART II/Ch. 73: ELECTRIC COOPERATIVE CORPORATIONS/Subch.: POWERS, DUTIES AND SAFEGUARDS/§ 7327
Pennsylvania Statutes

§ 7327 — Certificates of membership

Pennsylvania § 7327
JurisdictionPennsylvania
Title 15CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
PartPART II
Ch. 73ELECTRIC COOPERATIVE CORPORATIONS
Subch.POWERS, DUTIES AND SAFEGUARDS

This text of Pennsylvania § 7327 (Certificates of membership) 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. § 7327 (2026).

Text

When a member of an electric cooperative corporation has paid the membership fee in full, a certificate of membership shall be issued to the member. Memberships in the corporation and the certificates shall be nontransferable. The certificate of membership shall be surrendered to the corporation upon the resignation, expulsion or death of the member.

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Nearby Sections

15
§ 7301
Short titles
§ 7302
Application of chapter
§ 7303
Definitions
§ 7304
Number and qualifications of incorporators
§ 7305
Purpose
§ 7306
Articles of incorporation
§ 7307
Prohibition on use of words "electric cooperative."
§ 7308
Liberal construction
§ 7321
Special powers and limitations
§ 7322
Bylaws
§ 7323
Exemption of members from liability for debts of corporation
§ 7324
Qualifications of members
§ 7325
Annual meeting of members
§ 7326
Voting by members
§ 7327
Certificates of membership
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Bluebook (online)
Pennsylvania § 7327, Counsel Stack Legal Research, https://law.counselstack.com/statute/pa/15/7327.