Difference between revisions of "Amendment/0002-Dissolution"

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== Amendment to Articles 0002: Dissolution ==
 
== Amendment to Articles 0002: Dissolution ==
* Date Passed:  
+
* Date Passed: Oct 16th, 2008
** Method Passed: Online Signature of Board Members:
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** Method Passed: Online Signature of Board Members via Media Wiki System
 
*** [[User:Omegix|Omegix]] 16:16, 16 October 2008 (CDT)
 
*** [[User:Omegix|Omegix]] 16:16, 16 October 2008 (CDT)
 
*** [[User:Opticron|Opticron]] 16:21, 16 October 2008 (CDT)
 
*** [[User:Opticron|Opticron]] 16:21, 16 October 2008 (CDT)

Revision as of 16:38, 16 October 2008

Amendment to Articles 0002: Dissolution

  • Date Passed: Oct 16th, 2008
    • Method Passed: Online Signature of Board Members via Media Wiki System

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.