Section 60.074 - Purposes; prohibition on illegal purposes(1) Every corporation incorporated under this chapter has the purpose of engaging in any lawful business unless a more limited purpose is set forth in the articles of incorporation. A person may not incorporate a corporation under this chapter for any illegal purpose or with an intent to fraudulently conceal any business activity from another person or a governmental agency.(2) A business that is subject to regulation under another statute of the state may not be incorporated under this chapter if the business must be organized under the other statute.Amended by 2017 Ch. 705,§ 11, eff. 7/1/2017, op. 1/1/2018.1987 c.52 §22; 1989 c.1040 §8