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§ 184. Property of corporation with non-resident shareholders not to escheat

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 27 P.S. Escheats

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 27 P.S. Escheats (Refs & Annos)
Chapter 4. Escheat by Alienation in Mortmain (Refs & Annos)
Corporations Authorized to Hold Lands and Grantees
27 P.S. § 184
§ 184. Property of corporation with non-resident shareholders not to escheat
No real or personal property, the title to which is or may be held by or in the name of any corporation of this state authorized by its charter or general law to hold the same, shall be escheated to the commonwealth, nor shall, in any judicial proceeding, any inference of any relation of trust or agency arise, by reason of the character or residence of the shareholders holding the whole or part of the capital stock of such corporation, nor because the beneficial ownership of said property, in whole or in part, is or has been in any person or persons, corporation or corporations, prohibited from holding the same.

Credits

1887, June 2, P.L. 302, § 1.
27 P.S. § 184, PA ST 27 P.S. § 184
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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