§ 206. Requirements for foreign association names.

154 words·~1 min read·/pa/title-15/chapter-2/206

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)General rule.-- The department shall not file a registration statement pursuant to section 412 (relating to foreign registration statement) for a foreign association that, except as provided under subsection (b), has a name that is rendered unavailable for use by a covered association by any provision of this subchapter.

(b)Exception.-- The provisions of section 202(b) and

(c)(relating to requirements for names generally) shall not prevent the filing of a registration statement of a foreign association whose name in its jurisdiction of formation would be prohibited from use in this Commonwealth by section 202(b) and

(c)if the foreign association adopts a name for use in registering to do business in this Commonwealth that is available for use by a covered association.

15c206v

(Nov. 21, 2016, P.L.1328, No.170, eff. 90 days)

Cross References. Section 206 is referred to in section 209 of this title.

15c207s