Pennsylvania § 9114 Entity status

Pennsylvania Statutes

§ 9114 — Entity status

Pennsylvania·Title 15 CORPORATIONS AND UNINCORPORATED ASSOCIATIONS·Part PART IV·Ch. 91 UNINCORPORATED NONPROFIT ASSOCIATIONS

(a)Legal entity.--A nonprofit association is a legal entity distinct from its members and managers.

(b)Perpetual duration.--A nonprofit association has perpetual duration unless the governing principles specify otherwise.

(c)Powers.--A nonprofit association has the same powers as an individual to do all things necessary or convenient to carry on its purposes.

(d)Profits.--A nonprofit association may engage in profit-making activities, but profits from any activities must be used or set aside for the nonprofit purposes of the nonprofit association.

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(a) Legal entity.--A nonprofit association is a legal entity distinct from its members and managers.

(b) Perpetual duration.--A nonprofit association has perpetual duration unless the governing principles specify otherwise.

(c) Powers.--A nonprofit association has the same powers as an individual to do all things necessary or convenient to carry on its purposes.

(d) Profits.--A nonprofit association may engage in profit-making activities, but profits from any activities must be used or set aside for the nonprofit purposes of the nonprofit association.

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