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Updated live from Wikipedia, last check: June 03, 2012 22:59 UTC (52 seconds ago)

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The Model Nonprofit Corporation Act is legislation prepared by a American Bar Association committee[1] that states use to govern their nonprofit corporations. It mandates many procedures which are different from standard parliamentary procedure. For instance, instead of regular meetings, only an annual meeting and special meetings of members are allowed (ยงยง7.05, 7.09).

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