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Pennsylvania Statutes Title 7 P.S. Banks and Banking § 6020-173. Articles of amendment

Current as of January 01, 2025 | Updated by Findlaw Staff

<The Savings Association Code of 1967, 7 P.S. §§ 6020-1 to 6020-254, has been repealed by Act 2013, June 24, P.L. 67, No. 23, §§ 1 to 107, effective in one year [June 24, 2014], but remains in full force and effect as to transactions and proceedings commenced prior to said repeal, pursuant to Act 2013-23, § 109.>

(a) Upon the adoption of an amendment or amendments, articles of amendment shall be signed by two duly authorized officers of the association under its seal and shall contain:

(1) The name of the association,

(2) The county of its principal place of business,

(3) The Act of Assembly under which the association was incorporated and the date of its incorporation,

(4) The time and place of the meeting of members at which the amendment was adopted and the kind and period of notice given to the members,

(5) The number of votes represented at the meeting,

(6) The number of votes for and against the amendment, and

(7) The amendment or amendments adopted which shall be set forth in full.

(b) The articles of amendment shall be delivered to the department together with:

(1) Applicable fees payable to the department in connection with the articles and with the conduct of the investigation required by section 1005,  1

(2) As soon as available, proof of publication of the advertisement required by section 1004,  2 and

(3) If the amendment would change the name of the association, evidence of reservation in the Department of State of the proposed new name.

1 7 P.S. § 6020-175.
2 7 P.S. § 6020-174.
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Cite this article: FindLaw.com - Pennsylvania Statutes Title 7 P.S. Banks and Banking § 6020-173. Articles of amendment - last updated January 01, 2025 | https://codes.findlaw.com/pa/title-7-ps-banks-and-banking/pa-st-sect-7-6020-173/

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