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§ 326. Approval by professional association

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. § 326
§ 326. Approval by professional association
(a) General rule.--A plan shall be approved in the case of a domestic professional association by vote of a majority, or such higher percentage as may be provided in the organic rules, of the associates, voting according to their proportionate shares of ownership.
(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. § 326, PA ST 15 Pa.C.S.A. § 326
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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