7 Pa. Stat. § 6516

Current through Pa Acts 2024-53, 2024-56 through 2024-127

Section 6516 - Termination of existence of corporation

If the corporation fails to insure savings accounts by January 1, 1981, its existence terminates at that time without further action by the General Assembly and the Governor, the provisions of this act then are null and void and shall expire on January 1, 1981.

7 P.S. § 6516

1979, April 6, P.L. 17, No. 5, § 16, effective in 60 days.