Pennsylvania § 5971 - Voluntary dissolution by members or incorporators.
Full text of Pennsylvania Pennsylvania Consolidated Statutes § 5971 — Voluntary dissolution by members or incorporators., with citation guidance and answers to common questions.
§ 5971. Voluntary dissolution by members or incorporators.
(a) General rule.--The members or incorporators of a nonprofit corporation that has not commenced business may effect the dissolution of the corporation by filing articles of dissolution in the Department of State. The articles of dissolution shall be executed in the name of the corporation by a majority of the members or incorporators, and shall set forth:
(1) The name of the corporation and, subject to section 109 (relating to name of commercial registered office provider in lieu of registered address), the address, including street and number, if any, of its registered office.
(2) The statute under which the corporation was incorporated and the date of incorporation.
(3) That the corporation has not received any property in trust, or otherwise commenced business.
(4) That the amount, if any, actually paid in on subscriptions for memberships, less any part thereof disbursed for necessary expenses, has been returned to those entitled thereto.
(5) That all liabilities of the corporation have been discharged or that adequate provision has been made therefor.
(6) That a majority of the members or incorporators elect that the corporation be dissolved.
(b) Filing.--The articles of dissolution shall be filed in the Department of State. See section 134 (relating to docketing statement).
(c) Effect.--Upon the filing of the articles of dissolution, the existence of the corporation shall cease.
(Dec. 21, 1988, P.L.1444, No.177, eff. Oct. 1, 1989; Dec. 19, 1990, P.L.834, No.198, eff. imd.)
1990 Amendment. Act 198 reenacted and amended the entire section.
Cross References. Section 5971 is referred to in section 139 of this title.
Source: official Pennsylvania text · Last verified 2026-08-27
Frequently Asked Questions About Pennsylvania § 5971
What does Pennsylvania Consolidated Statutes § 5971 cover?
Section 5971 ("Voluntary dissolution by members or incorporators.") 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 § 5971?
A common citation format is "Pennsylvania Consolidated Statutes § 5971" (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 § 5971 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.