Pennsylvania Consolidated & Unconsolidated Statutes
Chapter 91 - Unincorporated Nonprofit Associations
Section 9135 - Winding up


Winding up of a nonprofit association must proceed in accordance with the following rules:
(1) All known debts and liabilities shall be paid or adequately provided for.
(2) Any property subject to a condition requiring return to the person designated by the donor shall be transferred to that person.
(3) Any property subject to a trust shall be distributed in accordance with the trust agreement.
(4) Any property committed to a charitable purpose shall be distributed in accordance with that purpose unless the nonprofit association obtains a court order under 20 Pa.C.S. Ch. 77 (relating to trusts) specifying the disposition of the property.
(5) Any remaining property shall be distributed as follows:
(i) Distribution shall be made:
(A) in accordance with the governing principles of the nonprofit association; or
(B) in the absence of applicable governing principles, to the members of the nonprofit association:
(I) per capita; or
(II) as the members direct.
(ii) If subparagraph (i) does not apply, distribution shall be made under Article XIII.1 of the act of April 9, 1929 (P.L.343, No.176), known as The Fiscal Code.
(July 9, 2013, P.L.476, No.67, eff. 60 days)

2013 Amendment. Act 67 added section 9135.
Cross References. Section 9135 is referred to in sections 9132, 9134 of this title.

Structure Pennsylvania Consolidated & Unconsolidated Statutes

Pennsylvania Consolidated & Unconsolidated Statutes

Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS

Chapter 91 - Unincorporated Nonprofit Associations

Extra - Chapter Notes

Section 9101 - Customary parliamentary law applicable (Repealed)

Section 9102 - Funeral and similar benefits (Repealed)

Section 9103 - Nontransferable membership interests (Repealed)

Section 9111 - Short title and application of chapter

Section 9112 - Definitions

Section 9113 - Governing law

Section 9114 - Entity status

Section 9115 - Ownership and transfer of property

Section 9116 - Statement of authority as to real property

Section 9117 - Liability

Section 9118 - Assertion and defense of claims

Section 9119 - Effect of judgment or order

Section 9120 - Appointment of agent to receive service of process

Section 9121 - Action or proceeding not abated by change of members or managers

Section 9122 - Member not agent

Section 9123 - Approval by members

Section 9124 - Action by members

Section 9125 - Duties of member

Section 9126 - Membership

Section 9127 - Member's interest not transferable

Section 9128 - Selection and management rights of managers

Section 9129 - Duties of managers

Section 9130 - Action by managers

Section 9131 - Right of member or manager to information

Section 9132 - Distributions prohibited; compensation and other permitted payments

Section 9133 - Reimbursement, indemnification and advancement of expenses

Section 9134 - Dissolution

Section 9135 - Winding up

Section 9136 - Subordination of chapter to canon law