Corporations Code Section 7131. Statement Limiting Corporate Powers. The articles of incorporation may set forth a further statement limiting the purposes or powers of the corporation.Share: Related TopicsRelated Statutes Related Topics Articles of Incorporation Related Statutes Corporations Code Section 7210. Corporate Powers Exercised by Board; Delegation. Corporations Code Section 7141. Limitations on Corporate Powers; Ultra Vires Acts. Corporations Code Section 7140. Corporate Powers.