20 Pennsylvania Consolidated Statutes § 3315 - Incorporation Of Estate's Business

§ 3315. Incorporation of estate's business.

After notice to all parties in interest, aided by the report of a master if necessary, the court, unless restricted by the terms of the governing instrument, may authorize the personal representative alone or jointly with others, to organize a corporation to carry on the business of the estate, whether the business was owned solely or with others, and may contribute for stock of the corporation, as capital, all or part of the property of the estate which was invested in the business.

Cross References. Section 3315 is referred to in sections 5144, 5521 of this title.

Section: Previous  3303  3304  3305  3311  3312  3313  3314  3315  3316  3316.1  3317  3318  3319  3320  3321  Next

Last modified: October 8, 2016