15 Pa.C.S. § 323
This is the official text of 15 Pa.C.S. § 323, part of Pennsylvania’s Pa.C.S — part of the compiled statutory law of Pennsylvania, published by the state as "Pa.C.S." Browse the sections below, each linked to its official government source.
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Approval by general partnership.
Official statutory text
(a) General rule.--A plan shall be approved in the case of a domestic general partnership as follows:
(1) in the manner provided in its organic rules for the type of plan involved;
(2) if its organic rules do not provide for approval of the type of plan involved, in the manner provided in its organic rules for approval of a plan of merger; or
(3) if its organic rules do not provide for approval of the type of plan involved or a plan of merger, the plan shall be approved by all of the partners.
(b) Cross reference.--See section 3304(b) (relating to election of benefit corporation status).
(1) in the manner provided in its organic rules for the type of plan involved;
(2) if its organic rules do not provide for approval of the type of plan involved, in the manner provided in its organic rules for approval of a plan of merger; or
(3) if its organic rules do not provide for approval of the type of plan involved or a plan of merger, the plan shall be approved by all of the partners.
(b) Cross reference.--See section 3304(b) (relating to election of benefit corporation status).
Status: in_force · Read it on the official government site
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