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§ 323. Approval by general partnership

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 15 Pa.C.S.A. Corporations and Unincorporated AssociationsEffective: July 1, 2015

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 15 Pa.C.S.A. Corporations and Unincorporated Associations (Refs & Annos)
Part I. Preliminary Provisions (Refs & Annos)
Chapter 3. Entity Transactions (Refs & Annos)
Subchapter B. Approval of Entity Transactions (Refs & Annos)
Effective: July 1, 2015
15 Pa.C.S.A. § 323
§ 323. Approval by general partnership
Currentness
(a) General rule.--A plan shall be approved in the case of a domestic general partnership as follows:
(1) in the manner provided in its organic rules for the type of plan involved;
(2) if its organic rules do not provide for approval of the type of plan involved, in the manner provided in its organic rules for approval of a plan of merger; or
(3) if its organic rules do not provide for approval of the type of plan involved or a plan of merger, the plan shall be approved by all of the partners.
(b) Cross reference.--See section 3304(b) (relating to election of benefit corporation status).

Credits

2014, Oct. 22, P.L. 2640, No. 172, § 9, effective July 1, 2015.
15 Pa.C.S.A. § 323, PA ST 15 Pa.C.S.A. § 323
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
End of Document