Current through Register Vol. 54, No. 49, December 7, 2024
Section 901.114 - Dissolutions, terminations, mergers and bankruptcies(a) A manufacturer shall notify the Department in writing within 10 days of one or more of the following actions on the part of the manufacturer: (1) The filing with the Department of State of a certificate of election to dissolve, or the filing of a similar document in another jurisdiction.(2) The filing of a petition in bankruptcy or receivership by the manufacturer.(3) The merging or consolidating with another entity.(4) The termination of its business activities by a process, legal or equitable, voluntary or involuntary, formal or informal, within or outside this Commonwealth.(b) A notice of the decision to dissolve is required even if filing is not required.The provisions of this § 901.114 amended August 11, 2006, effective 8/12/2006, 36 Pa.B. 4475. This section cited in 61 Pa. Code § 901.119 (relating to raffle, daily drawing and weekly drawing ticket manufacturers).