With discounts from local counties, membership now offers even more. Local county discounts for county-specific farm offices. Functions and Powers of Subchapter C of the Department of State. Subchapter B on Corporate Office and UCC fees.
Ratification of actions against defective entities (subchapter B). Approval of transactions with entities (subchapter B). Fiduciary Duty and Indemnity, Subchapter C. Provisions applicable to particular types of companies (Subchapter B).
Stocks and Other Securities, Subchapter C. Mergers, Liabilities and Sale of Assets (Subchapter B). Powers, Duties and Safeguards, Subchapter C. Officers, Directors and Shareholders, Subchapter B.
Powers, Duties, and Responsibilities, Subchapter B. Special Procedures Applicable to Certain Companies (Subchapter B). Directors, officers and members of another body (subchapter B). Membership and Corporate Finance, Subchapter C.
Merger, Consolidation and Sale of Assets (Transferred) Subchapter C. Nature of an Association (repealed) Subchapter C. Relationship between members and people who work in charge of the association (repealed) Subchapter B. Partner relationships with people who have relationships of association (subchapter B).
Relations of members and managers with individuals who negotiate with limited liability companies (subchapter B). Powers, Duties and Guarantees (Repealed) A) General Rule. Subchapter B is mentioned in section 7123 of this title; section 102 of Title 54 (Names). B) the registration under subchapter B of chapter 4 (relating to registration) of a foreign association; but the previous provisions.
The old subchapter C, which referred to the definitive and contingent domestication of foreign associations, was added on December 21, 1988, P, L, 1444, No, 177, and was rewritten to Subchapter D on December 19, 1990, P, L, 834, No, 198, effective immediately. Subchapter C is mentioned in sections 105, 8221 and 8998 of this title. B) Request. Subchapter D was added as subchapter C on December 21, 1988, P, L, 1444, No, 177, effective as of October 1, 1989, and was forwarded to Subchapter D on December 19, 1990, P, L, 834, No, 198, effective immediately.
Subchapter B is mentioned in sections 333, 343, 353, 363, 373, 375 of this title. C) Shareholder voting is required. Holders of any class or series of shares of a domestic commercial corporation that is a party to a transaction under a plan that could effect any change in the corporation's statutes shall have the right to vote as a class in the plan if they had been entitled to a collective vote under the provisions of section 1914 (relating to the adoption of amendments) if the change had been made under subchapter B of chapter 19 (relating to the amendment of articles). Except as provided in section 330, a proposed plan shall not be considered to have been adopted by a domestic commercial corporation unless it has also been approved by the board of directors, regardless of whether the board ordered or underwent the presentation of the plan to shareholders for action.
Subchapter C is mentioned in sections 312, 2538 of this title. The plan is approved by a national entity that is an association in the process of being merged in accordance with the applicable provisions of subchapter B (relating to the approval of the entity's transactions). C) Liability of new interest holders. E) Foreign Survivors Association.
In the case of a national entity, in accordance with the applicable provisions of subchapter B (relating to the approval of the entity's transactions). The plan is approved by the national entity in accordance with the applicable provisions of subchapter B (relating to the approval of the entity's transactions). A) Approval by national entities. If the domestic entity is a domestic entity, a statement that the domestication plan was approved in accordance with subchapter B (relating to the approval of the entity's transactions) or, if the domestic entity is a foreign entity, a statement that the domestication was approved in accordance with section 373 (b) (relating to the approval of domestication).
Subchapter B is mentioned in section 138 of this title. Subchapter B was added on December 19, 1990, P, L, 834, No, 198, effective immediately. The former subchapter B, which referred to the compensation and liability of corporate directors, was added on December 21, 1988, P, L, 1444, No, 177, and was repealed on December 19, 1990, P, L, 834, No, 198, with immediate effect. Subchapter B is mentioned in section 8332.5 of Title 42 (Judiciary and Judicial Procedure).
Subchapter B is mentioned in section 2125 of this title. G) Cross-references. The old subchapter B, which referred to directors and officers, was added on December 21, 1988, P, L, 1444, No, 177, and was rewritten to Subchapter C on December 19, 1990, P, L, 834, No, 198, effective immediately. Subchapter B is mentioned in sections 313, 1525, 1551, 1724, 1783, 9506 of this title; in section 8332.5 of Title 42 (Judiciary and Judicial Procedure).
Subchapter C was added as Subchapter B on December 21, 1988, P, L, 1444, No, 177, effective October 1, 1989, and was forwarded to Subchapter C on December 19, 1990, P, L, 834, No, 198, with immediate effect. Subchapter C is mentioned in section 3322 of this title. C) Resignation. A waiver that is not conditional on acceptance by the board of directors will take effect once the corporation receives the notice of waiver, unless the notification specifies a later effective time or an effective time determined depending on the occurrence of one or more events.
If the waiver is conditional on its acceptance by the board, the board will make a decision to accept or reject the waiver in accordance with subchapter B (relating to fiduciary duty). Subchapter B is mentioned in sections 321, 1103, 2104, 2105, 2332, 2538, 2704, 2904, 2906, 7104, 7104, 7105 of this title. Subchapter C is mentioned in sections 1103, 2538 and 7723 of this title. A) General rule.
A) Structure of actions. A joint stock company will not create or issue shares. B) Procedure. An amendment to the articles or statutes shall be adopted to remove the provision and shall take effect in accordance with subchapter B of chapter 19 (relating to the amendment of the articles) or section 1504 (relating to the adoption, amendment and content of the statutes), except that the holders of shares of each class shall have the right to vote on the amendment regardless of the limitations set forth in the articles or statutes on voting rights of any kind.
Subchapter B is mentioned in section 2501 of this title. Subchapter C is mentioned in section 2501 of this title. Any reclassification authorized under subchapter B of chapter 19 (relating to the amendment of the articles) in which the percentage of voting or economic shares in a shareholder's corporation increases substantially relative to virtually all other shareholders. A person or group that would otherwise be a controlling person or group within the meaning of this section shall not be considered a controlling person or group unless, after March 23, 1988, or the date on which this subchapter becomes applicable to a corporation through an amendment to a statute or article or otherwise, that person or group increases the percentage of outstanding voting shares of the corporation over which it has outstanding voting power over which it has outstanding voting power.
that person or group had voting power at a later date, and at least for the amount specified in subsection (a), as a result of the formation or expansion of a group or the acquisition, by purchase, of voting power over the voting shares of the corporation. (ii) in any other case, the date on which this subchapter becomes applicable to the corporation. B) in any other case, the date on which this subchapter becomes applicable to the corporation; by B) Procedure. If no effective date is indicated in the Articles of Amendment, this chapter will become applicable to the corporation on the date the Articles of Amendment are filed with the Department of State.
If any shareholder of a commercial company that proposes to modify its statutes to become a professional company opposes that amendment and complies with the provisions of subchapter D of chapter 15 (relating to the rights of dissenters), he shall be entitled to the rights and remedies of dissenting shareholders provided for in it, if any. A professional corporation may terminate its status as such and cease to be subject to this chapter by modifying its articles to remove from them the additional provisions required in section 2903 (a) (relating to the formation of professional companies). The amendment shall be adopted in accordance with subchapter B of chapter 19 (relating to the amendment of articles). B) Election, removal and requirements.
Except as set forth in subsection (g), the benefits director shall be an independent person. The benefits director can act as a benefits officer at the same time as the benefits director. The statutes or statutes of a benefit company may prescribe additional requirements for the benefits director, which are not incompatible with this subsection. Subchapter B is mentioned in section 4.1.2 of this title.
Special Procedures Applicable to Certain Companies: Subchapter Heading. The title of subchapter C was changed on December 19, 1990, P, L, 834, No, 198, with immediate effect. A non-profit corporation shall invest the assets of a trust or fund in a common trust fund authorized by this subchapter by adding those assets to them and distributing a share in them to the trust or fund in the proportion that the assets of the trust or fund added to it represent the added value of all the assets of the common trust fund at the time of investment, including in those assets the assets of the trust or fund thus added. The withdrawal of a share from the common trust fund shall be based on its proportional interest in the added value of all the assets of the common trust fund at the time of withdrawal.
The corporation may periodically withdraw, in whole or in part, the participation of any trust or fund in the common trust fund. After a withdrawal, the company can make a distribution in cash, or in kind, or partly in cash and partly in kind. The corporation will not sell shares in the common trust funds to any other corporation or person, but this sentence will not prevent a corporate trustee appointed under section 5585 (relating to the establishment or use of authorized common trust funds) from investing the assets of the common trust fund in any collective investment fund established and maintained by him in accordance with the law and to which the assets that make up the common trust fund are eligible contributions. Directors, officers and members of another body Preliminary provisions.
The old subchapter B, which referred to the directors, officers and members of another body, was added on December 21, 1988, P, L, 1444, No, 177, and was moved to Subchapter C on December 19, 1990, P, L, 834, No, 198, with immediate effect. Subchapter B is mentioned in sections 5724, 5734 and 5783 of this title; in section 8332.5 of Title 42 (Judiciary and Judicial Procedure). B) Waivers. If the waiver is conditional on its acceptance by the board, the board will make the decision to accept or reject the waiver as required in subchapter B (relating to fiduciary duty).
Subchapter B is mentioned in sections 7106, 7107 of this title. Subchapter B is mentioned in sections 412, 6141 and 6143 of this title. Subchapter C is mentioned in section 7302 of this title. Subchapter C is mentioned in sections 7301 and 7334 of this title.
D) Extinction of the status of benefit company. The amendment will not take effect unless at least the minimum vote on the statute is passed. Subchapter C of chapter 1 of Title 15 (relating to the fees of the Companies Office and the UCC) will take effect on the first day of the month following the month following the month of the enactment of this law. While other associations are dedicated to specific non-profit sectors, PANO accompanies the community benefits sector as a whole.
We believe that Pennsylvania nonprofit professionals grow better together. PANO is a center for sharing knowledge, experiences and expertise, and a collective voice in favor of public policies that have a positive impact on the lives of Pennsylvania. .
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