Business Law and Practice 2016/17

We will take care of your papers while you do that. This also means that directors must abstain from any conduct that would harm the corporation. Section 301 of the Business Corporation Law includes provisions relating to the use of certain words and phrases in the name of the corporation. If and to the extent canon law or similar principles applicable to a nonprofit association organized for religious purposes sets forth provisions relating to the government and regulation of the affairs of the nonprofit association that are inconsistent with the provisions of this chapter on the same subject, the provisions of canon law or similar principles shall control except to the extent prohibited by the Constitution of the United States or the Constitution of Pennsylvania. 2013 Amendment.

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