Corporations may be organized under this chapter for any lawful purpose, including, but not limited to, one or more of the following: charitable; religious; benevolent; eleemosynary; educational; civic; cemetery; patriotic; political; social; fraternal; literary; cultural; athletic; scientific; agricultural; horticultural; animal husbandry; and professional, commercial, industrial, or trade association purposes. Trade unions and other labor organizations may also be organized under this chapter, but cooperative corporations, electric and telephone cooperatives, and organizations subject to state insurance or banking laws may not be organized under this chapter.
Section: 10.20.005 10.20.007 10.20.011 10.20.016 10.20.021 10.20.026 10.20.031 10.20.036 10.20.041 10.20.046 10.20.051 10.20.056 10.20.061 10.20.066 10.20.071 NextLast modified: November 15, 2016