2012 Pennsylvania Consolidated Statutes
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 55 - Corporate Powers, Duties and Safeguards
Section 5501 - Corporate capacity
CHAPTER 55
CORPORATE POWERS, DUTIES AND SAFEGUARDS
Subchapter
A. General Provisions
B. Financial Matters
C. Common Trust Funds
Enactment. Chapter 55 was added as Chapter 75 November 15, 1972, P.L.1063, No.271, effective in 90 days. Chapter 75 was renumbered to Chapter 55 December 21, 1988, P.L.1444, No.177, effective October 1, 1989.
SUBCHAPTER A
GENERAL PROVISIONS
Sec.
5501. Corporate capacity.
5502. General powers.
5503. Defense of ultra vires.
5504. Adoption, amendment and contents of bylaws.
5505. Persons bound by bylaws.
5506. Form of execution of instruments.
5507. Registered office.
5508. Corporate records; inspection by members.
5509. Bylaws and other powers in emergency.
5510. Certain specifically authorized debt terms.
5511. Establishment of subordinate units.
5512. Informational rights of a director.
§ 5501. Corporate capacity.
Except as provided in section 103 of this title (relating to subordination of title to regulatory laws), a nonprofit corporation shall have the capacity of natural persons to act.
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