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Pennsylvania · Through 2026-07-28 (Statute Update stamp, 15 Pa.C.S.)

15 Pa.C.S. § 5105: Restriction on equitable relief.

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Where this section sits in the code
  1. Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
  2. PART II CORPORATIONS
  3. SUBPART C NONPROFIT CORPORATIONS
  4. ARTICLE A PRELIMINARY PROVISIONS
  5. CHAPTER 51 GENERAL PROVISIONS

A member of a nonprofit corporation shall not have any right to claim the right to valuation and payment of the fair value of his membership interest or shares because of any proposed plan or amendment authorized under any provision of this subpart, or to obtain, in the absence of fraud or fundamental unfairness, an injunction against the plan or amendment.

Collected 2026-09-02T16:31:13Z. Source file · JSON

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