PocketLaw | Pennsylvania Consolidated Statutes | Corporate Powers,

Corporate Powers, Duties and Safeguards

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Corporate capacity

General powers

Defense of ultra vires

Adoption, amendment and contents of bylaws

Persons bound by bylaws

Form of execution of instruments

Registered office

Corporate records; inspection by members

Bylaws and other powers in emergency

Certain specifically authorized debt terms

Establishment of subordinate units

Informational rights of a director

Capital contributions of members

Subventions

Debt and security interests

Usury not a defense (Repealed)

Dues and assessments

Income from corporate activities

Purchase, sale, mortgage and lease of real property

Insolvency or bankruptcy (Repealed)

Authority to take and hold trust property

Investment of trust funds

Transfer of trust or other assets to institutional trustee

Devises, bequests and gifts after certain fundamental changes

Dividends prohibited; compensation and certain payments authorized

(Reserved)

Liabilities of members

Annual report of directors or other body

Establishment or use of common trust funds authorized

Restrictions on investments

Determination of interests

Amortization of premiums on securities held

Records; ownership of assets

Chapter Notes