{"data":{"id":"us-pa/15-pa.c.s.-373","jurisdiction":"us-pa","citation":"15 Pa.C.S. § 373","heading":"Approval of domestication.","body":"(a) Approval by domestic entities.--A plan of domestication in which the domesticating entity is a domestic entity is not effective unless it has been approved by the domestic entity in accordance with the applicable provisions of Subchapter B (relating to approval of entity transactions).\n(b) Approval by foreign entities.--A plan of domestication in which the domesticating entity is a foreign entity is not effective unless it has been approved in one of the following ways:\n(1) In accordance with the laws of the jurisdiction of formation of the foreign entity.\n(2) By at least a majority of the votes cast with respect to approval of the domestication by all interest holders of the foreign entity entitled to vote generally on a merger to which the foreign entity is a party if the laws of the foreign entity's jurisdiction of formation does not provide for a domestication of the foreign entity.\n(c) Cross references.--See sections 317 (relating to contractual dissenters rights in entity transactions) and 329 (relating to special treatment of interest holders).","path":["Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS","PART I PRELIMINARY PROVISIONS","CHAPTER 3 ENTITY TRANSACTIONS","SUBCHAPTER G DOMESTICATION"],"source_url":"https://www.palegis.us/statutes/consolidated/view-statute?txtType=HTM\u0026ttl=15\u0026div=0\u0026chpt=3\u0026sctn=73\u0026subsctn=0","current_through":"2026-07-28 (Statute Update stamp, 15 Pa.C.S.)","vintage":"","retrieved_at":"2026-09-02T16:31:13Z","sha256":"6ac5da30d604b99bff35ebb27db98cae003f784611677f229a037e520b244e0a","source_id":"us-pa","stale":false,"prev":"us-pa/15-pa.c.s.-372","next":"us-pa/15-pa.c.s.-374"},"notice":"GroundRules: Original legal text. Not legal advice."}
