As per the Model Nonprofit Corporation Act (MNCA),a nonprofit corporation need not have members for its existence.
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Q10: Two corporations in a state may have
Q11: Under the Model Business Corporation Act (MBCA),a
Q12: Memberships in a nonpublic corporation are generally freely
Q13: There is no limit on the number
Q14: A right of first refusal on a
Q16: A corporation is required to reimburse a
Q17: Mandatory dividend provisions enacted in corporate laws
Q18: Corporations are generally liable on preincorporation contracts
Q19: A passive investor who believes she has
Q20: An organizer is the individual that incorporates
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