Pennsylvania Code & Bulletin

• No statutes or acts will be found at this website.

The Pennsylvania Code website reflects the Pennsylvania Code changes effective through 54 Pa.B. 1806 (March 30, 2024).

19 Pa. Code § 25.2. Applicability of nonstock corporation provisions.

§ 25.2. Applicability of nonstock corporation provisions.

 (a)  Section 2101 of the BCL (relating to application and effect of chapter) provides for three types of nonstock corporations:

   (1)  Business corporations which have:

     (i)   Incorporated on Form DSCB:15-1306/2102/2303/2702/2903/3101/7102A (Articles of Incorporation-For Profit) with a nonstock election indicated.

     (ii)   Elected to become nonstock corporations by filing Form DSCB: 15-2104 (Articles of Amendment-Election of Nonstock Status-Domestic Business Corporation).

   (2)  A domestic corporation for profit subject to Part II, Subpart D of the code (relating to cooperative corporations) organized on a nonstock basis.

   (3)  A domestic insurance corporation that is a mutual insurance company.

 (b)  A nonstock corporation may be one or more of the following:

   (1)  A statutory close corporation.

   (2)  A registered corporation.

   (3)  A management corporation.

   (4)  A professional corporation.

   (5)  An insurance corporation.


   The provisions of this §  25.2 adopted April 17, 1992, effective April 18, 1992, 22 Pa.B. 1993.

No part of the information on this site may be reproduced for profit or sold for profit.

This material has been drawn directly from the official Pennsylvania Code full text database. Due to the limitations of HTML or differences in display capabilities of different browsers, this version may differ slightly from the official printed version.