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2017 Pennsylvania Consolidated Statutes
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 3 - Entity Transactions
Section 330 - Alternative means of approval of transactions
Universal Citation: 15 PA Cons Stat § 330 (2017)
§ 330. Alternative means of approval of transactions.
(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.
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