GroundRules
15 Pa.C.S. § 5753: Membership certificates.
Where this section sits in the code
- Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
- PART II CORPORATIONS
- SUBPART C NONPROFIT CORPORATIONS
- ARTICLE B DOMESTIC NONPROFIT CORPORATIONS GENERALLY
- CHAPTER 57 OFFICERS, DIRECTORS AND MEMBERS
- SUBCHAPTER E MEMBERS
A nonprofit corporation organized upon a nonstock basis shall not issue shares of stock, but membership in the corporation may be evidenced by certificates of membership. The fact that the corporation is a nonprofit corporation shall be noted conspicuously on the face of each certificate.
Collected 2026-09-02T16:31:13Z. Source file · JSON