5954 - Articles of division. - Pennsylvania Statutes

§ 5954. Articles of division. Upon the adoption of a plan of division by the corporation desiring to divide, as provided in this subchapter, articles of division shall be executed by the corporation and shall, subject to section 109 (relating to name of commercial registered office provider in lieu of registered address), set forth: (1) The name and the location of the registered office, including street and number, if any, of the dividing domestic nonprofit corporation or, in the case of a dividing foreign nonprofit corporation, the name of the corporation and the jurisdiction in which it is incorporated, together with either: (i) If a qualified foreign nonprofit corporation, the address, including street and number, if any, of its registered office in this Commonwealth. (ii) If a nonqualified foreign nonprofit corporation, the address, including street and number, if any, of its principal office under the laws of that jurisdiction. (2) The statute under which the dividing corporation was incorporated and the date of incorporation. (3) A statement that the dividing corporation will, or will not, survive the division. (4) The name and the address, including street and number, if any, of the registered office of each new domestic nonprofit corporation or qualified foreign nonprofit corporation resulting from the division. (5) If the plan is to be effective on a specified date, the hour, if any, and the month, day and year of the effective date. (6) The manner in which the plan was adopted by the corporation. (7) Except as provided in section 5901 (relating to omission of certain provisions from filed plans), the plan of division. (Dec. 19, 1990, P.L.834, No.198, eff. imd.) 1990 Amendment. Act 198 reenacted and amended the entire section.