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Model Nonprofit Corporation Act (MNCA)
A template legislation that provides a basis for the statute governing nonprofit corporations in some states.
Quorum
The minimum number of members required to be present at a meeting to legally conduct business.
Votes Entitled
The number of votes a shareholder or member is authorized to cast in a company's or organization's decision-making process.
Illegal Distribution
involves the unauthorized selling or distribution of goods or services, often violating copyright laws or regulatory statutes.
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