15 Pa.C.S. § 330
This is the official text of 15 Pa.C.S. § 330, 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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Alternative means of approval of transactions.
Official statutory text
(a) General rule.--Except as provided in subsection (b) or the organic rules of a domestic entity, approval of a transaction under this chapter by the unanimous vote or consent of its interest holders satisfies the requirements of this chapter for approval of the transaction.
(b) Exception.--Subsection (a) shall not apply to a nonprofit corporation.
Cross References. Section 330 is referred to in sections 321, 325 of this title.
(b) Exception.--Subsection (a) shall not apply to a nonprofit corporation.
Cross References. Section 330 is referred to in sections 321, 325 of this title.
Status: in_force · Read it on the official government site
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