14-3-301
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14-3-301.
(a)
Every corporation incorporated under this chapter has the purpose of engaging in
any lawful activity unless a more limited purpose is set forth in the articles
of incorporation.
(b)
A corporation engaging in an activity that is subject to regulation under
another statute of this state may incorporate under this chapter only if
incorporation under this chapter is not prohibited by the other statute. The
corporation shall be subject to all limitations of the other statute.