15 Pa.C.S. § 7327: Certificates of membership.
Where this section sits in the code
- Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
- PART II CORPORATIONS
- SUBPART D COOPERATIVE CORPORATIONS
- ARTICLE B DOMESTIC COOPERATIVE CORPORATION ANCILLARIES
- CHAPTER 73 ELECTRIC COOPERATIVE CORPORATIONS
- SUBCHAPTER B POWERS, DUTIES AND SAFEGUARDS
When a member of an electric cooperative corporation has paid the membership fee in full, a certificate of membership shall be issued to the member. Memberships in the corporation and the certificates shall be nontransferable. The certificate of membership shall be surrendered to the corporation upon the resignation, expulsion or death of the member.
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