(Some states, such as Kansas, allow nonprofits to issue stock.
[5] According to DGCL, Delaware permits directors to serve as the only members.
"[7] According to the Maryland Code, the provisions of Maryland General Corporation Law apply to nonstock corporations except in special circumstances.
[9] In the Philippines, a non-stock corporation may be formed or organized for charitable, religious, educational, professional, cultural, fraternal, literary, scientific, social, civic service, or similar purposes and must distribute no part of its income as dividends to its members, trustees, or officers, and any profit obtained as an incident to its operations shall, whenever necessary or proper, be used for the furtherance of the purpose or purposes for which the corporation was organized.
[10] There are different reasons for forming a non-stock, for profit corporation.