A nonprofit corporation will limit its powers pursuant to what?

A) The nonprofit corporation's purpose clause
B) The nonprofit corporation's articles of organization
C) The majority vote of the general class of shareholders
D) The majority vote of the preferred class of shareholders

Nonprofit Corporation

A legal entity organized for purposes other than making a profit, often focused on charitable, religious, educational, or public service objectives.

Purpose Clause

A segment within a legal document that specifies the intentions or objectives that the parties aim to achieve with the contract or agreement.

Articles Of Organization

The document filed with a state government to legally document the creation of a limited liability company (LLC).