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PENNSYLVANIA STATUTES AND CODES

4143 - General powers and duties of nonqualified foreign corporations.

§ 4143. General powers and duties of nonqualified foreign corporations. (a) Acquisition of real and personal property.--Every nonqualified foreign business corporation may acquire, hold, mortgage, lease and transfer real and personal property in this Commonwealth in the same manner and subject to the same limitations as a qualified foreign business corporation. (b) Duties.--Except as provided in section 4141(a) (relating to right to bring actions suspended), a nonqualified foreign business corporation doing business in this Commonwealth within the meaning of Subchapter B (relating to qualification) shall be subject to the same liabilities, restrictions, duties and penalties now or hereafter imposed upon a qualified foreign business corporation.

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