Difference between revisions of "Amendment/0002-Dissolution"
From Makers Local 256
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| + | *** [[User:Brimstone|Brimstone]] 16:23, 16 October 2008 (CDT) | ||
== Summary == | == Summary == | ||
Revision as of 16:23, 16 October 2008
Amendment 0002: Dissolution
- Date Passed:
Summary
Include Dissolution Clause that is in compliance with 501c3 Certification
Prior Wording
Article II: Duration
The Duration of the corporation is perpetual, unless otherwise stated.
Amendment to Wording
Article II: Duration
The Duration of the corporation is perpetual, unless otherwise stated.
In the event that a movement to dissolve the organization passes, assets may be liquidized to pay off any debt the organization may have accrued. Any remaining assets of the organization must be donated to a charitable, educational, or scientific endeavor.
