GroundRules
15 Pa.C.S. § 5768: Reduction of membership below stated number.
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
Whenever the membership of a nonprofit corporation having a stated number of members is reduced below that number by death, withdrawal or otherwise, the corporation shall not on that account be dissolved, but it shall be lawful for the surviving or continuing members to continue the corporate existence unless otherwise restricted in the bylaws.
Collected 2026-09-02T16:31:13Z. Source file · JSON