{"data":{"id":"us-dc/d.c.-code-29-303.01","jurisdiction":"us-dc","citation":"D.C. Code § 29-303.01","heading":"Purposes.","body":"(a)\nEvery 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.\n\n(b)\nA 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.","path":["Title 29. Business Organizations. [Enacted title]","Chapter 3. Business Corporations.","Subchapter III. Purposes and Powers."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/29-303.01","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"4784b05ec19a57d8b879b7cde8b8d8f351cbe53653ce7131f0d3a04f8639e6b9","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-29-302.07","next":"us-dc/d.c.-code-29-303.02"},"notice":"GroundRules: Original legal text. Not legal advice."}