20 Pa.C.S. § 7906: Applicability.

This chapter shall apply to:

(1) A charitable organization created after December 31, 1969.

(2) A charitable organization created before January 1, 1970, unless a court of competent jurisdiction in a proceeding instituted before January 1, 1972, explicitly decided that the operation of this chapter would substantially impair the accomplishment of the purposes of the charitable organization involved in that proceeding.