15 Pa.C.S. § 330: Alternative means of approval of transactions.
Where this section sits in the code
- Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
- PART I PRELIMINARY PROVISIONS
- CHAPTER 3 ENTITY TRANSACTIONS
- SUBCHAPTER B APPROVAL OF ENTITY TRANSACTIONS
(a) General rule.--Except as provided in subsection (b) or the organic rules of a domestic entity, approval of a transaction under this chapter by the unanimous vote or consent of its interest holders satisfies the requirements of this chapter for approval of the transaction.
(b) Exception.--Subsection (a) shall not apply to a nonprofit corporation.
Collected 2026-09-02T16:31:13Z. Source file · JSON