2015 Pennsylvania Consolidated Statutes
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 89 - Limited Liability Companies
Section 8921 - Powers and capacity
§ 8921. Powers and capacity.
(a) General rule.--Except as provided in section 103 (relating to subordination of title to regulatory laws), a limited liability company shall have the legal capacity of natural persons to act.
(b) Business that may be carried on.--Subject to the limitations and restrictions imposed by statute or contained in its certificate of organization, every limited liability company may carry on any business that a partnership without limited partners may carry on and shall have the power to perform any act that such a partnership may perform.
(c) Cross reference.--See section 8102 (relating to interchangeability of partnership, limited liability company and corporate forms of organization).
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