Difference between revisions of "Amendment/0002-Dissolution"

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m (Amendment to Articles 0002: Dissolution)
(Prior Wording)
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== Prior Wording ==
 
== Prior Wording ==
 +
 
Article II: Duration
 
Article II: Duration
  
The Duration of the corporation is perpetual, unless otherwise stated.  
+
The Duration of the corporation is perpetual, unless otherwise stated.
 +
 
 +
 
 +
 
 +
Article III: Purpose
 +
 
 +
The corporation has been organized for the following purpose(s):
  
 +
    * Education
 +
    * Community Collaboration
  
 
== Amendment to Wording ==
 
== Amendment to Wording ==

Revision as of 16:47, 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.


Article III: Purpose

The corporation has been organized for the following purpose(s):

   * Education
   * Community Collaboration

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.