15 Pa.C.S. § 317
Contractual dissenters rights in entity transactions
Pennsylvania · Pennsylvania Consolidated Statutes Title 15 — CORPORATIONS AND UNINCORPORATED ASSOCIATIONS · Status: effective
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- 15 Pa.C.S. § 317, Contractual dissenters rights in entity transactions, Pennsylvania, version 1 as recorded 2026-09-27, yourstate.us, https://yourstate.us/provision/1380296
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Full text
(a) General rule.--An interest holder of a domestic entity other than a nonprofit corporation or unincorporated nonprofit association shall be entitled to contractual dissenters rights in connection with a transaction under this chapter, even though the interest holder would not otherwise be entitled to dissenters rights under this title to the extent provided:
(1) in the entity's organic rules; or
(2) in the plan.
(b) Procedures for contractual dissenters rights.--If an interest holder is entitled to contractual dissenters rights pursuant to subsection (a), Subchapter D of Chapter 15 (relating to dissenters rights) applies to the extent practicable except as otherwise provided in the organic rules of the domestic entity or the plan.
(c) Cross references.--See sections 329 (relating to special treatment of interest holders) and 1571(c) (relating to application and effect of subchapter).