https://uww.wfgnationaltitle.com/index.php?action=history&feed=atom&title=Entities_in_Pennsylvania
Entities in Pennsylvania - Revision history
2026-05-15T17:19:25Z
Revision history for this page on the wiki
MediaWiki 1.31.0
https://uww.wfgnationaltitle.com/index.php?title=Entities_in_Pennsylvania&diff=6719&oldid=prev
Josephdebarberie at 17:50, 4 October 2023
2023-10-04T17:50:06Z
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<td colspan="2" style="background-color: #fff; color: #222; text-align: center;">← Older revision</td>
<td colspan="2" style="background-color: #fff; color: #222; text-align: center;">Revision as of 17:50, 4 October 2023</td>
</tr><tr><td colspan="2" class="diff-lineno" id="mw-diff-left-l3" >Line 3:</td>
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<tr><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #222; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>==Creation==</div></td><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #222; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>==Creation==</div></td></tr>
<tr><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #222; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>==Authority==</div></td><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #222; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>==Authority==</div></td></tr>
<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="color: #222; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div><ins style="font-weight: bold; text-decoration: none;">==Dissolution==</ins></div></td></tr>
<tr><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #222; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>==Underwriting Corporations==</div></td><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #222; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>==Underwriting Corporations==</div></td></tr>
<tr><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #222; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>'''Standard Requirement:'''<br></div></td><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #222; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>'''Standard Requirement:'''<br></div></td></tr>
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<tr><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #222; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>==Creation==</div></td><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #222; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>==Creation==</div></td></tr>
<tr><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #222; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>==Authority==</div></td><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #222; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>==Authority==</div></td></tr>
<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="color: #222; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div><ins style="font-weight: bold; text-decoration: none;">==Dissolution==</ins></div></td></tr>
<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="color: #222; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div><ins style="font-weight: bold; text-decoration: none;">Unless the Operating Agreement provides otherwise, an LLC will dissolve 180 days after it ceases to have any Members, unless transferees owning the rights to receive a majority of distributions as transferees give consent to admit at least one Member.<ref>15 Pa.C.S. § 8871(a)(3). An individual is dissociated as a Member upon death, or under other listed circumstances. 15 Pa.C.S. § 8861.</ref> A dissolved LLC continues after dissolution only for the purpose of winding up, and may, but is not required to, file a certificate of dissolution.<ref>15 Pa.C.S. § 8872(a), (b).</ref> An LLC in the process of winding up may transfer the company's property.<ref>15 Pa.C.S. § 8872(b)(2)(iv).</ref> If the dissolved LLC has no members, the personal representative, guardian, or other person authorized to act on behalf of the last person to have been a member may wind up the LLC.<ref>15 Pa.C.S. § 8872(c).</ref></ins></div></td></tr>
<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="color: #222; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div><ins style="font-weight: bold; text-decoration: none;"></ins></div></td></tr>
<tr><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #222; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>==Underwriting LLCs==</div></td><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #222; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>==Underwriting LLCs==</div></td></tr>
<tr><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #222; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>'''Standard Requirement:'''<br></div></td><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #222; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>'''Standard Requirement:'''<br></div></td></tr>
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Josephdebarberie
https://uww.wfgnationaltitle.com/index.php?title=Entities_in_Pennsylvania&diff=6716&oldid=prev
Josephdebarberie: Created page with "=Corporations= ==Nature== ==Creation== ==Authority== ==Underwriting Corporations== '''Standard Requirement:'''<br> <br> =Limited Liability Companies (LLC)= LLCs are governed..."
2023-10-04T17:47:11Z
<p>Created page with "=Corporations= ==Nature== ==Creation== ==Authority== ==Underwriting Corporations== '''Standard Requirement:'''<br> <br> =Limited Liability Companies (LLC)= LLCs are governed..."</p>
<p><b>New page</b></p><div>=Corporations=<br />
==Nature==<br />
==Creation==<br />
==Authority==<br />
==Underwriting Corporations==<br />
'''Standard Requirement:'''<br><br />
<br><br />
<br />
=Limited Liability Companies (LLC)=<br />
LLCs are governed by the [https://www.legis.state.pa.us/cfdocs/legis/LI/consCheck.cfm?txtType=HTM&ttl=15 Pennsylvania Associations Code], and specifically [https://www.legis.state.pa.us/cfdocs/legis/LI/consCheck.cfm?txtType=HTM&ttl=15&div=0&chpt=88 Chapter 88].<br />
==Nature==<br />
An LLC is an entity distinct from its member or members, and has a perpetual duration.<ref>[https://www.legis.state.pa.us/cfdocs/legis/LI/consCheck.cfm?txtType=HTM&ttl=15&div=0&chpt=88&sctn=18&subsctn=0 15 Pa.C.S. § 8818(a), (c)].</ref><br />
==Creation==<br />
==Authority==<br />
==Underwriting LLCs==<br />
'''Standard Requirement:'''<br><br />
<br><br />
(a) Certificate of Organization and all Amendments thereto filed with the Department of State of Pennsylvania.<br><br />
(b) Operating Agreement and all Amendments thereto.<br><br />
(c) Furnish proof that all the Consents and Requirements of the Operating Agreement have been met with respect to the authority of the members or managers to execute and deliver the title documentation on behalf of said LLC for this transaction.<br><br />
(d) Settled taxes due the Commonwealth of Pennsylvania by said LLC.<br><br />
(e) Furnish proof that said LLC is presently in good standing with the State of Pennsylvania or other state of formation, and that it has registered to do business in Pennsylvania.<br><br />
<br />
<br />
=Partnerships=<br />
==General Partnerships==<br />
==Limited Partnerships==<br />
==Limited Liability Partnerships & Limited Liability Limited Partnerships==<br />
<br />
=Unincorporated Associations=<br />
<br />
=Business Trusts=<br />
<br />
=Sole Proprietorships=<br />
Sole proprietorships, even when accompanied by a "doing business as" or fictitious name filing, are not separate entities from their owners, and do not offer any protections from liens or judgments against the owner or the business.</div>
Josephdebarberie