5301 - Purposes.
ARTICLE B DOMESTIC NONPROFIT CORPORATIONS GENERALLY Chapter 53. Incorporation 55. Corporate Powers, Duties and Safeguards 57. Officers, Directors and Members 59. Fundamental Changes Article Heading. The heading of Article B was amended December 21, 1988, P.L.1444, No.177, effective October 1, 1989. CHAPTER 53 INCORPORATION Subchapter A. Incorporation Generally B. Special Procedures Applicable to Certain Corporations C. Revival Enactment. Chapter 53 was added as Chapter 73 November 15, 1972, P.L.1063, No.271, effective in 90 days. Chapter 73 was renumbered to Chapter 53 December 21, 1988, P.L.1444, No.177, effective October 1, 1989. Chapter Heading. The heading of Chapter 53 was amended December 21, 1988, P.L.1444, No.177, effective October 1, 1989. SUBCHAPTER A INCORPORATION GENERALLY Sec. 5301. Purposes. 5302. Number and qualifications of incorporators. 5303. Corporate name. 5304. Required name changes by senior corporations. 5305. Reservation of corporate name. 5306. Articles of incorporation. 5307. Advertisement. 5308. Filing of articles. 5309. Effect of filing of articles of incorporation. 5310. Organization meeting. 5311. Filing of statement of summary of record by certain corporations. Subchapter Heading. The heading of Subchapter A was amended December 21, 1988, P.L.1444, No.177, effective October 1, 1989. Cross References. Subchapter A is referred to in section 7306 of this title; section 3702 of Title 22 (Detectives and Private Police). § 5301. Purposes. (a) General rule.--Except as provided in subsection (b), corporations may be incorporated under this article for any lawful purpose or purposes, including, but not limited to, any one or more of the following or similar purposes: athletic; any lawful business purpose to be conducted on a not-for-profit basis; beneficial; benevolent; cemetery; charitable; civic; control of fire; cultural; educational; encouragement of agriculture or horticulture; fraternal; health; literary; missionary; musical; mutual improvement; patriotic; political; prevention of cruelty to persons or animals; professional, commercial, industrial, trade, service or business associations; promotion of the arts; protection of natural resources; religious; research; scientific and social. (b) Exception.--Except as otherwise provided by Title 40 (relating to insurance) or the act of December 29, 1972 (P.L.1701, No.364), known as the Health Maintenance Organization Act, a corporation may not be incorporated under this article for the purpose of engaging in the business of writing insurance or reinsurance as principal. (Dec. 19, 1990, P.L.834, No.198, eff. imd.) 1990 Amendment. Act 198 reenacted and amended the entire section.