40 Pa. Stat. § 991.2423
Current through Pa Acts 2024-35, 2024-56
A society may create, maintain and operate or may establish organizations to operate not-for-profit institutions to further the purposes permitted by section 2406(a)(2) . These institutions may furnish services free or at a reasonable charge. Any real or personal property owned, held or leased by the society for this purpose shall be reported in every annual statement but shall not be allowed as an admitted asset of the society except as provided insection 2441(b) .
40 P.S. § 991.2423