Pennsylvania § 9134 Dissolution

Pennsylvania Statutes

§ 9134 — Dissolution

Pennsylvania·Title 15 CORPORATIONS AND UNINCORPORATED ASSOCIATIONS·Part PART IV·Ch. 91 UNINCORPORATED NONPROFIT ASSOCIATIONS

(a)General rule.--A nonprofit association may be dissolved as follows:

(1)if the governing principles provide a time or method for dissolution, at that time or by that method;

(2)if the governing principles do not provide a time or method for dissolution, upon approval by the members;

(3)if no member can be located and the operations of the nonprofit association have been discontinued for at least three years, by:

(i)the managers; or

(ii)if the nonprofit association has no current manager, its last manager;

(4)by court order; or

(5)under law other than this chapter.

(b)Continuation during winding up.--After dissolution, a nonprofit association continues in existence until its activities have been wound up under section 9135 (relating to winding up).

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(a) General rule.--A nonprofit association may be dissolved as follows:

(1) if the governing principles provide a time or method for dissolution, at that time or by that method;

(2) if the governing principles do not provide a time or method for dissolution, upon approval by the members;

(3) if no member can be located and the operations of the nonprofit association have been discontinued for at least three years, by:

(i) the managers; or

(ii) if the nonprofit association has no current manager, its last manager;

(4) by court order; or

(5) under law other than this chapter.

(b) Continuation during winding up.--After dissolution, a nonprofit association continues in existence until its activities have been wound up under section 9135 (relating to winding up).

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Legislative History

(July 9, 2013, P.L.476, No.67, eff. 60 days) 2013Amendment.Act 67 added section 9134. CrossReferences.Section 9134 is referred to in section 9123 of this title.