All determinations made by the board of directors of the registered corporation under this subchapter shall be presumed to be correct unless shown by clear and convincing evidence that the determination was not made by the directors in good faith after reasonable investigation or was clearly erroneous.
15 Pa.C.S. § 2568
Board determinations
Known as the Associations Code
The act spans §§ 15-101 to 15-9507 (683 sections).
(Dec. 19, 1990, P.L.834, No.198, eff. imd.)
Official source: Pennsylvania General Assembly. Reproduced from public-domain Pennsylvania statutes; confirm against the official source for the current text. Not legal advice.