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42 chapters · 1,033 sections in this title.
15 Pa.C.S. § 5783 Special litigation committee
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(a) General rule.--If a nonprofit corporation or the board of directors receives a demand to bring an action to enforce a right of the corporation, or if a derivative action is commenced before demand has been made on the corporation or the board, the board may appoint a special …
15 Pa.C.S. § 5784 Proceeds and expenses
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(a) Proceeds.--Except as provided in subsection (b): (1) any proceeds or other benefits of a derivative action, whether by judgment, compromise or settlement, belong to the nonprofit corporation and not to the plaintiff; and (2) if the plaintiff or its counsel receives any procee…
15 Pa.C.S. § 5791 Corporate action subject to subchapter
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(a) General rule.--This subchapter shall apply to, and the term "corporate action" in this subchapter shall mean any of the following actions: (1) The election, appointment, designation or other selection and the suspension, removal or expulsion of members, directors, members of …
15 Pa.C.S. § 5792 Proceedings prior to corporate action
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(a) General rule.--Where under applicable law or the bylaws of a nonprofit corporation there has been a failure to hold a meeting to take corporate action and the failure has continued for 30 days after the designated or appropriate date, the court may summarily order a meeting t…
