§ 5753. Membership certificates.
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§ 5753. Membership certificates.
A nonprofit corporation organized upon a nonstock basis shall not issue shares of stock, but membership in the corporation may be evidenced by certificates of membership. The fact that the corporation is a nonprofit corporation shall be noted conspicuously on the face of each certificate.
15c5753v
(July 9, 2013, P.L.476, No.67, eff. 60 days)
15c5754s