™Your Policy Risk Impact Agent
42 chapters · 1,033 sections in this title.
15 Pa.C.S. § 5992 Notice to claimants
2.8K chars
(a) General rule.--After a nonprofit corporation that has elected to proceed under this subchapter has been dissolved in accordance with section 5977 (relating to articles of dissolution), the corporation or any successor entity shall give notice of the dissolution requesting all…
15 Pa.C.S. § 5993 Acceptance or rejection of matured claims
1.1K chars
(a) Notice.--A dissolved nonprofit corporation or successor entity may reject, in whole or in part, any matured claim made by a claimant pursuant to section 5992 (relating to notice to claimants) by sending notice of the rejection by certified or registered mail, return receipt r…
15 Pa.C.S. § 5994 Disposition of unmatured claims
1.6K chars
(a) Contractual claims.--The dissolved nonprofit corporation or successor entity shall offer any claimant whose contractual claim made pursuant to section 5992 (relating to notice to claimants) is contingent, conditional or unmatured, such security as the corporation or successor…
15 Pa.C.S. § 5995 Court proceedings
1.4K chars
(a) General rule.--A dissolved nonprofit corporation or successor entity that has given notice in accordance with section 5992 (relating to notice to claimants) shall file an application with the court for a determination of the amount and form of security: (1) that will be suffi…
