Pennsylvania Consolidated Statutes · § 5768 — Reduction of membership below stated number
5768. Reduction of membership below stated number
Whenever the membership of a nonprofit corporation having a stated number of members is reduced below that number by death, withdrawal or otherwise, the corporation shall not on that account be dissolved, but it shall be lawful for the surviving or continuing members to continue the corporate existence unless otherwise restricted in the bylaws.
Source notes
2013 Amendment.
History and annotations
(July 9, 2013, P.L.476, No.67, eff. 60 days)
Source captured 2026-09-26. Open the official source.