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ARTICLE XII - Dissolution
Section 1 - In the event of the dissolution of the APHS, all assets shall be distributed to such one or more organizations which have purposes and objects similar to those of the APHS and are exempt from United States income taxes under the provisions of Section 501 (c) (3) of the Internal Revenue Code of 1986, or the corresponding section of any future federal tax code, or shall be distributed to the federal government, or to a state or local government, for a public purpose. Any such assets not so disposed of shall be disposed of by a Court of Competent Jurisdiction of the county in which the principal office of the Corporation is then located, exclusively for such purposes or to such organization or organizations, as said Court shall determine, which are organized and operated exclusively for such purposes.
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