Pennsylvania Statutes
§ 9310 — Distribution of excess earnings
Pennsylvania·Title 15 CORPORATIONS AND UNINCORPORATED ASSOCIATIONS·Part PART IV·Ch. 93 PROFESSIONAL ASSOCIATIONS
The board of governors may establish what portion of excess earnings of the association shall be distributed among the associates. Any distribution of excess earnings of the association shall be made to each associate according to his proportionate ownership in the association.
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Nearby Sections
15
§ 9301
Short title of chapter§ 9302
Application of chapter§ 9303
Definitions§ 9304
Purpose of association§ 9305
Articles of association§ 9306
Board of governors§ 9307
Bylaws§ 9308
Employees§ 9309
Compensation§ 9311
Interests of associates§ 9312
Transfer of interests§ 9313
Redemption of interests§ 9314
Term of existence§ 9315
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