19 Pa. Code § 41.7 - Corporations without members

Section 5306(a)(7) of the NPCL (relating to articles of incorporation) authorizes the articles of incorporation of a nonprofit corporation to specify that the corporation is to have no members. In that case, section 5751(b) of the NPCL (relating to classes and qualifications of membership) provides that a provision of law requiring notice to, the presence of, or the vote, consent or other action by members of a nonprofit corporation shall be satisfied by notice to, the presence of, or the vote, consent or other action by the board of directors or other body of the corporation. A typical provision of the articles reads as follows:

The corporation shall have no members.

Notes

19 Pa. Code § 41.7

The provisions of this § 41.7 adopted April 17, 1992, effective 4/18/1992, 22 Pa.B. 1993.