HB2704 — An Act amending Titles 15 (Corporations and Unincorporated Associations) and 68 (Real and Personal Property) of the Pennsylvania Consolidated Statutes, in general provisions relating to corporations and unincorporated associations, further providing for annual report; in entity transactions, further providing for grounds for administrative dissolution or cancellation and for procedure and effect; in foreign associations, further providing for termination of registration; providing for investor ownership of single-family residential property; imposing duties on the Department of State and the Office of Attorney General; and imposing penalties.

HB2704 — An Act amending Titles 15 (Corporations and Unincorporated Associations) and 68 (Real and Personal Property) of the Pennsylvania Consolidated Statutes, in general provisions relating to corporations and unincorporated associations, further providing for annual report; in entity transactions, further providing for grounds for administrative dissolution or cancellation and for procedure and effect; in foreign associations, further providing for termination of registration; providing for investor ownership of single-family residential property; imposing duties on the Department of State and the Office of Attorney General; and imposing penalties. · Informed CitizenryThis bill amends the Pennsylvania Consolidated Statutes to regulate investor ownership of single-family residential property and low-density residential use. It requires domestic filing entities, l…Open in Informed Citizenry