(a) General rule.--This chapter shall apply to and the word "association" in this chapter shall mean a professional association organized under the act of August 7, 1961 (P.L.941, No.416), known as the Professional Association Act, which has not:
(1) Reorganized as an electing partnership under Chapter 87 (relating to electing partnerships).
(2) Elected to become a professional corporation in the manner provided by section 2905 (relating to election of professional associations to become professional corporations).
(3) Converted to a limited liability company under Subchapter E of Chapter 3 (relating to conversion).
(b) No new associations.--An association may not be originally organized under this chapter.
(Dec. 7, 1994, P.L.703, No.106, eff. 60 days; Oct. 22, 2014, P.L.2640, No.172, eff. July 1, 2015; Nov. 21, 2016, P.L.1328, No.170, eff. 90 days)
References in Text. The act of August 7, 1961, P.L.941, No.416, known as the Professional Association Act, referred to in subsec. (a), was repealed December 21, 1988, P.L.1444, No.177.
Cross References. Section 9302 is referred to in section 102 of this title.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 93 - Professional Associations
Section 9301 - Short title of chapter
Section 9302 - Application of chapter
Section 9304 - Purpose of association
Section 9305 - Articles of association
Section 9306 - Board of governors
Section 9310 - Distribution of excess earnings
Section 9311 - Interests of associates
Section 9312 - Transfer of interests
Section 9313 - Redemption of interests
Section 9314 - Term of existence
Section 9316 - Voting of associates
Section 9317 - Liability of associates