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§ 222. Nonexclusivity

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 2. Entities Generally (Refs & Annos)
Subchapter B. Ratification of Defective Entity Actions (Refs & Annos)
Effective: January 3, 2023
15 Pa.C.S.A. § 222
§ 222. Nonexclusivity
Ratification or validation under this subchapter is not the exclusive means of ratifying or validating a defective entity action, and the absence or failure of ratification or validation in accordance with this subchapter does not, of itself, affect the validity or effectiveness of any entity action properly ratified under common law or otherwise, nor does it create a presumption that an entity action is or was a defective entity action or void or voidable.

Credits

2022, Nov. 3, P.L. 1791, No. 122, § 11, effective in 60 days [Jan. 3, 2023].
15 Pa.C.S.A. § 222, PA ST 15 Pa.C.S.A. § 222
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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