15 Pa. C.S. § 323

Current through P.A. Acts 2023-66
Section 323 - Approval by general partnership
(a)General rule.--A plan shall be approved in the case of a domestic general partnership as follows:
(1) in the manner provided in its organic rules for the type of plan involved;
(2) if its organic rules do not provide for approval of the type of plan involved, in the manner provided in its organic rules for approval of a plan of merger; or
(3) if its organic rules do not provide for approval of the type of plan involved or a plan of merger, the plan shall be approved by all of the partners.
(b) Cross reference.--See section 3304(b) (relating to election of benefit corporation status).

15 Pa.C.S. § 323

Added by P.L. 2639 2014 No. 172, § 9, eff. 7/1/2015.