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2019 Pennsylvania Consolidated Statutes
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 19 - Fundamental Changes
Section 1988 - Discontinuance of proceedings; reorganization
Universal Citation: 15 PA Cons Stat § 1988 (2019)
§ 1988. Discontinuance of proceedings; reorganization.
The proceedings under this subchapter may be discontinued at any time when it is established that cause for liquidation no longer exists. In that event, the court shall dismiss the proceedings and direct the receiver to redeliver to the business corporation all its remaining property and assets.
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