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#8 |
Senior Member
Join Date: Dec 2001
Location: Modesto, CA
Posts: 639
Likes: 90
Liked 549 Times in 94 Posts
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The Articles of Incorporation or Bylaws will state how the assets are distributed upon a dissolution. The assets would either be distributed to another tax exempt organization or to the members. As NHRA is a California corporation, any dissolution plan would have to be approved by the State Attorney General's office.
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Julie Jordan 7549 STK |
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