15 Pennsylvania Consolidated Statutes § 326 - Approval By Professional Association

§ 326. Approval by professional association.

(a) General rule.--A plan shall be approved in the case of a domestic professional association by vote of a majority, or such higher percentage as may be provided in the organic rules, of the associates, voting according to their proportionate shares of ownership.

(b) Cross reference.--See section 3304(b) (relating to election of benefit corporation status).

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Last modified: October 8, 2016