Current through Pa Acts 2024-53, 2024-56 through 2024-127
Section 330 - Alternative means of approval of transactions(a) General rule.--Except as provided in subsection (b) or the organic rules of a domestic entity, approval of a transaction under this chapter by the unanimous vote or consent of its interest holders satisfies the requirements of this chapter for approval of the transaction.(b)Exception.--Subsection (a) shall not apply to a nonprofit corporation.Added by P.L. 2639 2014 No. 172, § 9, eff. 7/1/2015.