A domestic association other than a business corporation shall be subject to section 1510 (relating to certain specifically authorized debt terms) with respect to obligations, as defined in that section, governed by the laws of this Commonwealth or affecting real property situated in this Commonwealth, to the same extent as if the domestic association were a domestic business corporation.
15 Pa.C.S. § 114
Defense of usury
Known as the Associations Code
The act spans §§ 15-101 to 15-9507 (683 sections).
(Nov. 21, 2016, P.L.1328, No.170, eff. 90 days)
Official source: Pennsylvania General Assembly. Reproduced from public-domain Pennsylvania statutes; confirm against the official source for the current text. Not legal advice.