Difference between revisions of "Amendment/0002-Dissolution"
From Makers Local 256
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(→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
Contents
[hide]Amendment to Articles 0002: Dissolution
- Date Passed: Oct 16th, 2008
- Method Passed: Online Signature of Board Members via Media Wiki System
- Omegix 16:16, 16 October 2008 (CDT)
- Opticron 16:21, 16 October 2008 (CDT)
- Brimstone 16:23, 16 October 2008 (CDT)
- Gregabyte 16:25, 16 October 2008 (CDT)
- Saratheneale 16:29, 16 October 2008 (CDT)
- 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.