{"data":{"id":"us-pa/15-pa.c.s.-7112","jurisdiction":"us-pa","citation":"15 Pa.C.S. § 7112","heading":"Distributions.","body":"Notwithstanding section 5551 (relating to dividends prohibited; compensation and certain payments authorized), a cooperative corporation may make patronage rebates or other distributions to its members or patrons in conformity with the purposes for which it is incorporated. A patronage rebate or dividend that is, or is equivalent to, a reduction in the charge made by a cooperative corporation to a member for goods or services shall not constitute a dividend or distribution within the meaning of this part or any other provision of law.","path":["Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS","PART II CORPORATIONS","SUBPART D COOPERATIVE CORPORATIONS","ARTICLE A COOPERATIVE CORPORATIONS GENERALLY","CHAPTER 71 COOPERATIVE CORPORATIONS GENERALLY","SUBCHAPTER B MEMBERSHIP AND CORPORATE FINANCE"],"source_url":"https://www.palegis.us/statutes/consolidated/view-statute?txtType=HTM\u0026ttl=15\u0026div=0\u0026chpt=71\u0026sctn=12\u0026subsctn=0","current_through":"2026-07-28 (Statute Update stamp, 15 Pa.C.S.)","vintage":"","retrieved_at":"2026-09-02T16:31:13Z","sha256":"d29ae0ab88817a8a825a978087d10b694720d031adf68a7a27aa6e2aeee1b68b","source_id":"us-pa","stale":false,"prev":"us-pa/15-pa.c.s.-7111","next":"us-pa/15-pa.c.s.-7121"},"notice":"GroundRules: Original legal text. Not legal advice."}