§ 161. Domestication of certain alien associations
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. § 161
§ 161. Domestication of certain alien associations
(1) The name of the association. If the name is in a foreign language, it shall be set forth in Roman letters or characters or Arabic or Roman numerals. If the name is one that is rendered unavailable for use by a domestic entity by section 202(b) or (c) (relating to requirements for names generally), the association shall adopt a new name, in accordance with any procedures for changing the name of the association that are applicable prior to the domestication of the association, and shall set forth the new name in the statement.
(6) If the association will be a type of domestic association that is created by a filing in the department, such other provisions as are required to be included in an initial filing to create that type of domestic association, except that it shall not be necessary to set forth the name of the person organizing the association.
(d) Effect of domestication.--Upon the filing of the statement of domestication, the association shall be domesticated in this Commonwealth and the association shall thereafter be subject to any applicable provisions of this title and any other provisions of law applicable to associations existing under the laws of this Commonwealth. If the association will be a type of domestic association that is created by a filing in the department, the statement of domestication shall constitute that filing. The domestication of any association in this Commonwealth pursuant to this section shall not be deemed to affect any obligations or liabilities of the association incurred prior to its domestication.
(e) Exclusion.--An association that can be domesticated under Subchapter G of Chapter 3 (relating to domestication)1 shall not be domesticated under this section.
(f) Definition.--As used in this section, the term “association,” except as restricted by subsection (e), includes any incorporated organization, private law corporation (whether or not organized for business purposes), public law corporation, partnership, proprietorship, joint venture, foundation, trust, association or similar organization or entity existing under the laws of any jurisdiction other than this Commonwealth.
Credits
1988, Dec. 21, P.L. 1444, No. 177, § 103, effective Oct. 1, 1989. Renumbered from § 151 and amended 1990, Dec. 19, P.L. 834, No. 198, § 102, imd. effective. Amended 2001, June 22, P.L. 418, No. 34, § 2, effective in 60 days; 2014, Oct. 22, P.L. 2640, No. 172, § 8, effective July 1, 2015.
Footnotes
15 Pa.C.S.A. § 371 et seq.
15 Pa.C.S.A. § 161, PA ST 15 Pa.C.S.A. § 161
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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