§9115. Ownership and transfer of property.

Latest version.

(a) General rule.--A nonprofit association may acquire, hold or transfer, in its name, an interest in property.

(b) Testamentary and fiduciary dispositions.--A nonprofit association may be a beneficiary of a trust or contract, a legatee or a devisee.

(July 9, 2013, P.L.476, No.67, eff. 60 days)

Notation

2013 Amendment. Act 67 added section 9115.

                    
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