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Validation of certain defective corporations - 15 Pa. Cons. Stat. § 504Legal Research Home > Pennsylvania Statutes
§ 504. Validation of certain defective corporations.
Where heretofore or hereafter any act has been or may be done
or any transfer or conveyance of any property has been or may be
made to or by any corporation created or intended to be created
under any statute supplied or repealed by this part, in good
faith, after the approval of the articles or application for a
charter or issuance of letters patent but without the actual
recording of the original papers with the endorsements thereon,
or a certified copy thereof, in the office of any recorder of
deeds, as provided in such statutes then in force, the acts,
transfers and conveyances shall nevertheless be deemed and taken
to be valid and effectual for all purposes, regardless of the
omission to record the original papers with the endorsements
thereon, or a certified copy thereof, as heretofore required by
such statutes. Every such corporation shall be deemed and taken
to have been incorporated on the date of approval of its
articles or application for a charter or on the date of issuance
of its letters patent, whichever event shall have last occurred.
Cross References. Section 504 is referred to in sections
1104, 5104 of this title.
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Last modified: November 27, 2007 |