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Pennsylvania Consolidated Statutes (Last Updated: January 27, 2015) |
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Title15 CORPORATIONS AND UNINCORPORATED ASSOCIATIONS |
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PARTII. CORPORATIONS |
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SUBPARTD. COOPERATIVE CORPORATIONS |
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ARTICLEB. DOMESTIC COOPERATIVE CORPORATION ANCILLARIES |
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CHAPTER75. COOPERATIVE AGRICULTURAL ASSOCIATIONS |
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SUBCHAPTERA. PRELIMINARY PROVISIONS |
§7505. Number and qualifications of incorporators.
Latest version.
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Five or more individuals of full age engaging in agriculture or two or more cooperative agricultural associations may incorporate an association. If an association is incorporated by individuals, at least three of the individuals shall be residents of this Commonwealth. If an association is incorporated by cooperative agricultural associations, at least one of the associations shall be a domestic association.