§ 319. Party to plan or transaction
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 15 Pa.C.S.A. Corporations and Unincorporated AssociationsEffective: July 1, 2015
Effective: July 1, 2015
15 Pa.C.S.A. § 319
Formerly cited as PA ST 15 Pa.C.S.A. § 1922; PA ST 15 Pa.C.S.A. § 5922
§ 319. Party to plan or transaction
An association that approves a plan in its capacity as an interest holder or creditor of a domestic or foreign association that is a party to the transaction under the plan, or that furnishes all or a part of the consideration contemplated by a plan, does not thereby become a party to the plan or the transaction under the plan for purposes of this chapter.
Credits
2014, Oct. 22, P.L. 2640, No. 172, § 9, effective July 1, 2015.
15 Pa.C.S.A. § 319, PA ST 15 Pa.C.S.A. § 319
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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