15 Pa. C.S. § 2102

Current through 2024 legislation effective May 8, 2024
Section 2102 - Formation of nonstock corporations
(a) General rule.-- A nonstock corporation shall be formed in accordance with Article B (relating to domestic business corporations generally) except that its articles shall contain:
(1) A heading stating the name of the corporation and that it is a nonstock corporation.
(2) The provisions required by section 2103 (relating to contents of articles and other documents of nonstock corporations).
(b) Initial members.--Upon the filing of articles of a nonstock corporation, the subscribers to the minimum guaranteed capital of the corporation, if any, and the incorporators shall be the initial members of the corporation.

15 Pa.C.S. § 2102

1988, Dec. 21, P.L. 1444, No. 177, § 103, effective 10/1/1989.