Pennsylvania Statutes Title 15 Pa.C.S.A. Corporations and Unincorporated Associations § 7725. Savings provisions

(a) General rule.--In relation to a corporation existing on the effective date of this chapter, the provisions of this chapter do not impair or affect an act done;  offense committed;  right accruing or accrued;  or liability, penalty, forfeiture or punishment incurred prior to the effective date of this chapter.

(b) Contracts.--This chapter does not impair or affect a contract entered into by a corporation prior to the effective date of this chapter.