9302 - Application of chapter. - Pennsylvania Statutes

§ 9302. Application of chapter. This chapter shall apply to and the word "association" in this chapter shall mean a professional association organized under the act of August 7, 1961 (P.L.941, No.416), known as the Professional Association Act, which has not: (1) Reorganized as an electing partnership under Chapter 87 (relating to electing partnerships). (2) Elected to become a professional corporation in the manner provided by section 2905 (relating to election of professional associations to become professional corporations). (3) Elected to become a limited liability company in the manner provided by section 8908 (relating to election of professional association to become limited liability company). An association may not be originally organized under this chapter. (Dec. 7, 1994, P.L.703, No.106, eff. 60 days)