The failure of a foreign nonprofit corporation to qualify to do intrastate business in a state prevents it from:

Question

Quizplus · Accepted Answer

The Model Nonprofit Corporation Act and other laws impose the same requirements and penalties on nonprofit corporations as are imposed on for-profit corporations.For example,the MNCA requires a foreign nonprofit corporation to qualify to do intrastate business in a state.The failure to qualify prevents the foreign nonprofit corporation from using the state's courts to bring lawsuits and subjects it to fines for each day it transacts intrastate business without a certificate of authority.

The Failure of a Foreign Nonprofit Corporation to Qualify to Do