§ 5905. Proposal of fundamental transactions.
Where any provision of this chapter requires that an amendment of the articles or the dissolution of a nonprofit corporation be proposed or approved by action of the board of directors, that requirement shall be construed to authorize and be satisfied by the written agreement or consent of all of the members of the corporation entitled to vote thereon.
(Oct. 22, 2014, P.L.2640, No.172, eff. July 1, 2015)
Section: Previous 5901 5902 5903 5904 5905 5911 5912 5913 5914 5915 5916 5921 5922 5923 NextLast modified: October 8, 2016