2010 Pennsylvania Code
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 1 - General Provisions
102 - Definitions.

     § 102.  Definitions.
        Subject to additional or inconsistent definitions contained
     in subsequent provisions of this title that are applicable to
     specific provisions of this title, the following words and
     phrases when used in this title shall have, unless the context
     clearly indicates otherwise, the meanings given to them in this
     section:
        "Act" or "action."  Includes failure to act.
        "Association."  A corporation, a partnership, a limited
     liability company, a business trust or two or more persons
     associated in a common enterprise or undertaking. The term does
     not include a testamentary trust or an inter vivos trust as
     defined in 20 Pa.C.S. § 711(3) (relating to mandatory exercise
     of jurisdiction through orphans' court division in general).
        "Banking institution."  A banking institution as defined in
     section 1103 (relating to definitions).
        "Business trust."  A trust subject to Chapter 95 (relating to
     business trusts).
        "Cooperative corporation."  A corporation that is subject to
     Subpart D of Part II (relating to cooperative corporations).
        "Corporation for profit."  A corporation incorporated for a
     purpose or purposes involving pecuniary profit, incidental or
     otherwise, to its shareholders or members.
        "Corporation not-for-profit."  A corporation not incorporated
     for a purpose or purposes involving pecuniary profit, incidental
     or otherwise.
        "Court."  Subject to any inconsistent general rule prescribed
     by the Supreme Court of Pennsylvania:
            (1)  the court of common pleas of the judicial district
        embracing the county where the registered office of the
        corporation or other association is or is to be located; or
            (2)  where an association results from a merger,
        consolidation, division or other transaction without
        establishing a registered office in this Commonwealth or
        withdraws as a foreign corporation or association, the court
        of common pleas in which venue would have been laid
        immediately prior to the transaction or withdrawal.
        "Credit union."  A credit union as defined in 17 Pa.C.S. §
     102 (relating to application of title).
        "Department."  The Department of State of the Commonwealth.
        "Domestic corporation."  A corporation for profit or not-for-
     profit incorporated under the laws of this Commonwealth.
        "Domestic corporation for profit."  A corporation for profit
     incorporated under the laws of this Commonwealth.
        "Domestic corporation not-for-profit."  A corporation not-
     for-profit incorporated under the laws of this Commonwealth.
        "Electing partnership."  An electing partnership as defined
     in section 8701(c) (relating to scope and definition).
        "Foreign corporation for profit."  A corporation for profit
     incorporated under any laws other than those of this
     Commonwealth.
        "Foreign corporation not-for-profit."  A corporation not-for-
     profit incorporated under any laws other than those of this
     Commonwealth.
        "Insurance corporation."  An insurance corporation as defined
     in section 3102 (relating to definitions).
        "Internal Revenue Code of 1986."  The Internal Revenue Code
     of 1986 (Public Law 99-514, 26 U.S.C. § 1 et seq.).
        "Licensed person."  A natural person who is duly licensed or
     admitted to practice his profession by a court, department,
     board, commission or other agency of the Commonwealth or another
     jurisdiction to render a professional service that is or will be
     rendered by the association of which he is, or intends to
     become, a shareholder, partner, owner, director, officer,
     manager, member, employee or agent.
        "Limited liability company."  A domestic or foreign limited
     liability company as defined in section 8903 (relating to
     definitions and index of definitions).
        "Profession."  Includes the performance of any type of
     personal service to the public that requires as a condition
     precedent to the performance of the service the obtaining of a
     license or admission to practice or other legal authorization
     from the Supreme Court of Pennsylvania or a licensing board or
     commission under the Bureau of Professional and Occupational
     Affairs in the Department of State. Except as otherwise
     expressly provided by law, this definition shall be applicable
     to this title only and shall not affect the interpretation of
     any other statute or any local zoning ordinance or other
     official document heretofore or hereafter enacted or
     promulgated.
        "Professional services."  Any type of services that may be
     rendered by a member of a profession within the purview of his
     profession.
        "Representative."  A representative as defined in section
     1103 (relating to definitions).
        "Savings association."  A savings association as defined in
     section 1103.
        "Verified."  Includes an unsworn document containing a
     statement by the signatory that is made subject to the penalties
     of 18 Pa.C.S. § 4904 (relating to unsworn falsification to
     authorities).
     (Apr. 27, 1990, P.L.129, No.36, eff. imd.; Dec. 19, 1990,
     P.L.834, No.198, eff. imd.; Dec. 18, 1992, P.L.1333, No.169,
     eff. 60 days; Dec. 7, 1994, P.L.703, No.106, eff. 60 days; June
     22, 2001, P.L.418, No.34, eff. 60 days)

        2001 Amendment.  Act 34 amended the def. of "limited
     liability company" and added the defs. of "profession" and
     "professional services."
        1994 Amendment.  Act 106 amended the defs. of "association"
     and "limited liability company" and added the def. of "licensed
     person."
        1992 Amendment.  Act 169 amended the def. of "association"
     and added the defs. of "business trust," "Internal Revenue Code
     of 1986" and "limited liability company."
        1990 Amendments.  Act 36 added the def. of "act" or "action"
     and Act 198 amended the defs. of "association," "credit union"
     and "insurance corporation" and added the defs. of "corporation
     for profit," "corporation not-for-profit," "electing
     partnership" and "representative."
        Cross References.  Section 102 is referred to in sections
     1104, 2902, 5104, 8503, 8903 of this title; section 1991 of
     Title 1 (General Provisions).