§ 743 — Commerce court program

(a) Appeals.--The Superior Court may establish from available funds a commerce court program that shall have specialized jurisdiction. In a commerce court program established under this section, the specialized jurisdiction of appeals relating to the following matters may be vested in the program:

(1) The internal affairs, governance, dissolution, liquidation, rights or obligations between or among owners and liability or indemnity of managers of business corporations, partnerships, limited partnerships, limited liability partnerships, professional associations, business trusts, joint ventures or other business enterprises, including any actions involving the interpretation of the rights or obligations under the organic law, articles of incorporation, bylaws or agreements governing these enterprises.

(2) Disputes between or among two or more business enterprises relating to a transaction, business relationship or contract.

(b) Rules.--The court may adopt rules for the administration of the program established under this section. The rules may not be inconsistent with this section or any rule established by the Supreme Court.

(c) Jurisdiction.--Nothing under this section shall be construed to affect the jurisdiction of an appellate court as provided by law other than this section.

Legislative History

(Nov. 3, 2020, P.L.1090, No.111, eff. 60 days) 2020 Amendment.Act 111 added section 743.