Generally,a nonprofit corporation cannot:

A) use ultra vires as a defense to a contract.
B) sue or be sued.
C) purchase,hold,and sell real property.
D) lend money.

The Model Nonprofit Corporation Act (MNCA),like the MBCA,grants nonprofit corporations the power to engage in any lawful activity and to do anything an individual may do.Thus,a nonprofit corporation may sue and be sued,purchase,hold,and sell real property,lend and borrow money,and make charitable and other donations,among its many powers.The MNCA adopts the same rules for ultra vires contracts as does the MBCA: Generally,neither the corporation nor the other party may use ultra vires as a defense to a contract.