6143 - General powers and duties of nonqualified foreign corporations. - Pennsylvania Statutes

§ 6143. General powers and duties of nonqualified foreign corporations. (a) Acquisition of real property.--Every nonqualified foreign corporation, the activities of which in this Commonwealth do not constitute doing business in this Commonwealth for the purposes of Subchapter B of this chapter (relating to qualification), may acquire, hold, mortgage, lease and transfer real property in this Commonwealth, in the same manner and subject to the same limitations as domestic nonprofit corporations. (b) Duties.--A nonqualified foreign corporation doing business in this Commonwealth within the meaning of Subchapter B of this chapter shall be subject to the same liabilities, restrictions, duties and penalties now or hereafter imposed upon a qualified foreign corporation.