19 Pa. Code § 25.3 - Additional contents of articles of nonstock corporations
(a) Section 2102 of the BCL (relating to
formation of nonstock corporations) provides that in addition to the provisions
otherwise required by the code, the articles of a nonstock corporation shall
set forth:
(1) A heading stating the name of
the corporation and that it is a nonstock corporation.
(2) In lieu of required statements relating
to shares or share structure, the fact that the corporation is organized on a
nonstock basis.
(b) A
nonstock corporation may have a minimum guaranteed capital.
Notes
This section cited in 19 Pa. Code § 25.5 (relating to termination of nonstock corporation status).
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