2010 Pennsylvania Code
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 59 - Fundamental Changes
5921 - Merger and consolidation authorized.

                               SUBCHAPTER C
                 MERGER, CONSOLIDATION AND SALE OF ASSETS

     Sec.
     5921.  Merger and consolidation authorized.
     5922.  Plan of merger or consolidation.
     5923.  Notice of meeting of members.
     5924.  Adoption of plan.
     5925.  Authorization by foreign corporations.
     5926.  Articles of merger or consolidation.
     5927.  Filing of articles of merger or consolidation.
     5928.  Effective date of merger or consolidation.
     5929.  Effect of merger or consolidation.
     5930.  Voluntary transfer of corporate assets.

        Subchapter Heading.  The heading of Subchapter C was amended
     December 21, 1988, P.L.1444, No.177, effective October 1, 1989.
        Cross References.  Subchapter C is referred to in sections
     5952, 5962, 6162 of this title.
     § 5921.  Merger and consolidation authorized.
        (a)  Domestic surviving or new corporation.--Any two or more
     domestic nonprofit corporations, or any two or more foreign
     corporations not-for-profit, or any one or more domestic
     nonprofit corporations, and any one or more foreign corporations
     not-for-profit, may, in the manner provided in this subchapter,
     be merged into one of such domestic nonprofit corporations,
     hereinafter designated as the surviving corporation, or
     consolidated into a new corporation to be formed under this
     article, if such foreign corporations not-for-profit are
     authorized by the law or laws of the jurisdiction under which
     they are incorporated to effect such merger or consolidation.
        (b)  Foreign surviving or new corporation.--Any one or more
     domestic nonprofit corporations, and any one or more foreign
     corporations not-for-profit, may, in the manner hereinafter
     provided in this subchapter, be merged into one of such foreign
     corporations not-for-profit, hereinafter designated as the
     surviving corporation, or consolidated into a new corporation to
     be incorporated under the law or laws of the jurisdiction under
     which one of the foreign corporations not-for-profit is
     incorporated, if the laws of such jurisdiction authorize such
     merger or consolidation.