Difference between revisions of "Amendment/0002-Dissolution"

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(Prior Wording)
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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.  
 
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.  
  
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Article III: Purpose
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Makers Local 256 is organized exclusively for charitable, scientific and education purposes. The purpose of this organization is:
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* To explore the benefits of productivity through volunteer collaboration
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* Create, Educate, and Learn
  
 
[[Category:Amendments]]
 
[[Category:Amendments]]

Revision as of 16:49, 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.

Article III: Purpose


Makers Local 256 is organized exclusively for charitable, scientific and education purposes. The purpose of this organization is:

  • To explore the benefits of productivity through volunteer collaboration
  • Create, Educate, and Learn