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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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PARTIV. UNINCORPORATED ASSOCIATIONS |
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CHAPTER93. PROFESSIONAL ASSOCIATIONS |
§9310. Distribution of excess earnings.
Latest version.
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The board of governors may establish what portion of excess earnings of the association shall be distributed among the associates. Any distribution of excess earnings of the association shall be made to each associate according to his proportionate ownership in the association.