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§ 29-303-01 — District of Columbia Law | CourtGPT
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  4. Title 29 - Business Organizations. [Enacted Title]/
  5. Chapter 3 - Business Corporationssub/
  6. Subchapter III - Purposes and Powers§ 29–303.01. Purposes/
  7. § 29-303-01
District of Columbia Legal Code

§ 29-303-01

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01. Purposes. (a) Every corporation incorporated under this chapter shall have the purpose of engaging in any lawful business unless a more limited purpose is set forth in the articles of incorporation. (b) A corporation engaging in a business that is subject to regulation under another law of the District may incorporate under this chapter only if permitted by, and subject to all limitations of, the other law. (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.) Section References This section is referenced in § 29-1302.01.