GroundRules
15 Pa.C.S. § 5988: Discontinuance of proceedings; reorganization.
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 59 AMENDMENTS, SALE OF ASSETS AND DISSOLUTION
- SUBCHAPTER G INVOLUNTARY LIQUIDATION AND DISSOLUTION
The proceedings under this subchapter may be discontinued at any time if it is established that cause for liquidation no longer exists, in which event the court shall dismiss the proceedings and direct the receiver to redeliver to the nonprofit corporation all its remaining property and assets.
Collected 2026-09-02T16:31:13Z. Source file · JSON