The proceedings under this subchapter may be discontinued at any time if it is established that cause for liquidation no longer exists, in which event the court shall dismiss the proceedings and direct the receiver to redeliver to the nonprofit corporation all its remaining property and assets.
15 Pa.C.S. § 5988
Discontinuance of proceedings; reorganization
Known as the Associations Code
The act spans §§ 15-101 to 15-9507 (683 sections).
(July 9, 2013, P.L.476, No.67, eff. 60 days)
Official source: Pennsylvania General Assembly. Reproduced from public-domain Pennsylvania statutes; confirm against the official source for the current text. Not legal advice.