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§ 381. Grounds for administrative dissolution or cancellation

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 15 Pa.C.S.A. Corporations and Unincorporated AssociationsEffective: January 3, 2023

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 H. Administrative Dissolution or Cancellation (Refs & Annos)
Effective: January 3, 2023
15 Pa.C.S.A. § 381
§ 381. Grounds for administrative dissolution or cancellation
(a) General rule.--The department may commence a proceeding under section 382 (relating to procedure and effect) to administratively dissolve a domestic filing entity or cancel the statement of registration of a domestic limited liability partnership or the statement of election of an electing partnership that is not also a limited partnership if the entity does not deliver an annual report to the department within six months after the annual report is due.
(b) Transitional provision.--Subsection (a) applies with respect to annual reports due on or after January 4, 2027.

Credits

2022, Nov. 3, P.L. 1791, No. 122, § 19, effective in 60 days [Jan. 3, 2023].
15 Pa.C.S.A. § 381, PA ST 15 Pa.C.S.A. § 381
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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