15 Pa. Cons. Stat. § 5501 (2026)
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.
5513. Forum selection provisions.
Subchapter Heading. The heading of Subchapter A was carried without amendment December 21, 1988, P.L.1444, No.177, effective October 1, 1989.
§ 5501. Corporate capacity.
Except as provided in section 103 (relating to subordination of title to regulatory laws), a nonprofit corporation shall have the legal capacity of natural persons to act.
(July 9, 2013, P.L.476, No.67, eff. 60 days)