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§ 7904. Power to amend governing instrument

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 20 Pa.C.S.A. Decedents, Estates and FiduciariesEffective: January 1, 2017

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 20 Pa.C.S.A. Decedents, Estates and Fiduciaries (Refs & Annos)
Chapter 79. Charitable Instruments (Refs & Annos)
Effective: January 1, 2017
20 Pa.C.S.A. § 7904
Formerly cited as PA ST 10 P.S. § 204
§ 7904. Power to amend governing instrument
The trustees or directors of every charitable organization have the power, acting alone, without the approval of a member, court, donor or beneficiary, to amend the instrument governing the charitable organization in any manner required for the sole purpose of ensuring that:
(1) Gifts and bequests to the charitable organization qualify for charitable deductions available for Federal income, gift and estate tax purposes.
(2) The charitable organization qualifies for tax exemptions available for Federal income tax purposes.

Credits

2016, July 8, P.L. 497, No. 79, § 19, effective Jan. 1, 2017.
20 Pa.C.S.A. § 7904, PA ST 20 Pa.C.S.A. § 7904
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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