Difference between revisions of "Amendment/0002-Dissolution"

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(Prior Wording)
(Prior Wording)
Line 23: Line 23:
 
The corporation has been organized for the following purpose(s):
 
The corporation has been organized for the following purpose(s):
  
    * Education
+
* Education
    * Community Collaboration
+
* Community Collaboration
  
 
== Amendment to Wording ==
 
== Amendment to Wording ==

Revision as of 16:48, 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.