Maxwell Briskman Stanfield,left, and Diana C. Bruce,right, of Meyer Unkovic & Scott.Courtesy photos Breaking Down the Updates to Pennsylvania's Associations Code
Through this legislation, the "Associations Code"—Title 15 of the Pennsylvania Consolidated Statues—was updated to account for certain changes in connection therewith. The most notable is the annual reporting requirements for certain entities, which we will break down here, along with other major changes.
March 09, 2023 at 09:29 AM
4 minute read
Commentary
There are many important amendments that have recently come into effect or will soon for Pennsylvania business associations. Late last year, then-Gov. Tom Wolf signed House Bill 2057 into law (known as Act 122). Through this legislation, the "Associations Code"—Title 15 of the Pennsylvania Consolidated Statutes—was updated to account for certain changes in connection therewith. The most notable is the annual reporting requirements for certain entities, which we will break down here, along with other major changes.
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