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To dissolve your corporation in Pennsylvania, you provide the completed Articles of Dissolution-Domestic (DSCB: 15-1977/5877) form to the Department of State, Corporation Bureau, by mail or in person. You may fax file if you have a customer deposit account with the Bureau.
A professional corporation (PC) is a corporation organized under state law to provide services by licensed professionals. Some states use the term professional service corporation (PSC) or professional association (PA).
Pennsylvania ? Corporations with 30 shareholders or less may be close corporations. South Carolina ? The corporation's shares, except treasury shares, shall be held by no more than 35 people. Texas ? Domestic for-profit corporations or professional corporations must have fewer than 35 shareholders.
In Pennsylvania, unincorporated nonprofit associations are recognized as legal entities that can own and dispose of property. Members and managers are protected from personal liability, as all debts and liabilities are the sole responsibility of the association.
--Unless otherwise restricted in the bylaws, any action required or permitted to be taken at a meeting of the shareholders or of a class of shareholders of a business corporation may be taken without a meeting if a consent or consents to the action in record form are signed, before, on or after the effective date of ...
Pennsylvania corporate bylaws are a written document containing provisions that govern the structure, organization, and statement of purpose of a company. This document is created by the incorporator/owner or board of directors at the time of the company's founding.
(b) Action by consent. --Unless otherwise restricted in the bylaws, any action required or permitted to be approved at a meeting of the directors may be approved without a meeting by a consent or consents to the action in record form.
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS.