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    • Legislation USA
    • Pennsylvania Consolidated & Unconsolidated Statutes
    • Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
    • Chapter 21 - Nonstock Corporations
    • Section 2122 - Classes of membership

    Pennsylvania Consolidated & Unconsolidated Statutes
    Chapter 21 - Nonstock Corporations
    Section 2122 - Classes of membership


    The bylaws of a nonstock corporation adopted by the members may vest in the board of directors the power to establish classes of membership and to fix the several rights and liabilities thereof.

    Cross References. Section 2122 is referred to in section 1504 of this title.

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    Structure Pennsylvania Consolidated & Unconsolidated Statutes

    Pennsylvania Consolidated & Unconsolidated Statutes

    Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS

    Chapter 21 - Nonstock Corporations

    Extra - Chapter Notes

    Section 2101 - Application and effect of chapter

    Section 2102 - Formation of nonstock corporations

    Section 2103 - Contents of articles and other documents of nonstock corporations

    Section 2104 - Election of an existing business corporation to become a nonstock corporation

    Section 2105 - Termination of nonstock corporation status

    Section 2121 - Corporate name of nonstock corporations

    Section 2122 - Classes of membership

    Section 2123 - Evidence of membership; liability of members

    Section 2124 - Voting rights of members

    Section 2125 - Inapplicability of certain provisions to nonstock corporations

    Section 2126 - Dissolution of nonstock corporations

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