Pennsylvania § 5105 - Restriction on equitable relief.

Full text of Pennsylvania Pennsylvania Consolidated Statutes § 5105 — Restriction on equitable relief., with citation guidance and answers to common questions.

§ 5105. Restriction on equitable relief.

A member of a nonprofit corporation shall not have any right to claim the right to valuation and payment of the fair value of his membership interest or shares because of any proposed plan or amendment authorized under any provision of this subpart, or to obtain, in the absence of fraud or fundamental unfairness, an injunction against the plan or amendment.

(Dec. 21, 1988, P.L.1444, No.177, eff. Oct. 1, 1989; July 9, 2013, P.L.476, No.67, eff. 60 days)

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Frequently Asked Questions About Pennsylvania § 5105

What does Pennsylvania Consolidated Statutes § 5105 cover?

Section 5105 ("Restriction on equitable relief.") is part of the Pennsylvania Consolidated Statutes, the codified statutory law of Pennsylvania. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Pennsylvania § 5105?

A common citation format is "Pennsylvania Consolidated Statutes § 5105" (Pennsylvania). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Pennsylvania law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Pennsylvania official source linked on this page or consult a licensed Pennsylvania attorney.

How does Pennsylvania § 5105 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Pennsylvania can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Pennsylvania.