15 Pennsylvania Consolidated Statutes Chapter 93 - Professional Associations
- Chapter Notes
- Section 9301 - Short Title Of Chapter
This chapter shall be known and may be cited as the Professional Association Act of 1988.
- Section 9302 - Application Of Chapter
This chapter shall apply to and the word "association" in this chapter shall mean a professional association organized under the act of August 7,...
- Section 9303 - Definitions
The following words and phrases when used in this chapter shall have the meanings given to them in this section unless the context clearly...
- Section 9304 - Purpose Of Association
An association may be organized only for the purpose of rendering the one specific kind of professional service its associates are authorized to render,...
- Section 9305 - Articles Of Association
(a) General rule.--The articles of association shall contain the name of the association, the names and addresses of all of the associates, the address...
- Section 9306 - Board Of Governors
The associates shall elect a board of governors which shall manage all of the affairs of the association. The membership of the board of...
- Section 9307 - Bylaws
The associates shall adopt bylaws to regulate the affairs of the association. The bylaws shall provide for: (1) The method of election of the...
- Section 9308 - Employees
The board of governors may engage such employees as it deems necessary for the operation of the association. An employee shall not be engaged...
- Section 9309 - Compensation
The board of governors shall have the right to establish the amount and method of compensation of all of the employees.
- Section 9310 - Distribution Of Excess Earnings
The board of governors may establish what portion of excess earnings of the association shall be distributed among the associates. Any distribution of excess...
- Section 9311 - Interests Of Associates
The portion of ownership of each associate in an association shall be evidenced by an ownership certificate.
- Section 9312 - Transfer Of Interests
Any associate or the personal representative of his estate may transfer, in whole or in part, his interest in an association only to a...
- Section 9313 - Redemption Of Interests
An association may, upon agreement with any associate (including any associate who has been expelled) or the personal representative of his estate, redeem the...
- Section 9314 - Term Of Existence
An association may be organized for any term of years or its existence may be perpetual. Neither death, bankruptcy, resignation, expulsion, insanity, retirement nor...
- Section 9315 - Name
The associates may adopt any name for their association which is not contrary to law or the ethics of their profession.
- Section 9316 - Voting Of Associates
At any meeting of the associates of an association, each associate shall have the right to vote according to his proportionate ownership in the
- Section 9317 - Liability Of Associates
(a) Joint and several liability.--All of the associates of an association are liable, jointly and severally, for: (1) The torts of any agent or...
- Section 9318 - Professional Disqualifications
If any agent or employee of the association engaged for the purpose of rendering professional services or any associate becomes legally disqualified to render...
- Section 9319 - Dissolution
(a) General rule.--An association shall be dissolved only upon the occurrence of one of the following: (1) Expiration of the term of existence as...
Last modified: October 8, 2016