According to the Model Nonprofit Corporation Act (MNCA),which of the following nonprofit corporations can abolish or limit the right of a member to inspect corporate records?
A)A tennis club
B)A church
C)A golf country club
D)A cooperative grocery store

Question

Quizplus · Accepted Answer

A nonprofit corporation is required to maintain appropriate accounting records,and members have a qualified right to inspect them.Upon demand,the corporation must provide to a member its latest annual financial statements,including a balance sheet and statement of operations.However,the Model Nonprofit Corporation Act (MNCA)permits a religious corporation to abolish or limit the right of a member to inspect any corporate record.

According to the Model Nonprofit Corporation Act (MNCA),which of the Following