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ARTICLE XIV: DISSOLUTION OF CORPORATION

Upon the dissolution of this organization, the Board of Directors shall, after paying or making provisions for the payment of all the liabilities of the organization, dispose of all the assets of the organization exclusively for the purposes of the organization in such manner, or to such organization(s) organized exclusively for the promotion and development of amateur athletics for the blind and shall, at the time, qualify as an exempt organization(s) under Section 501(c) (3) on the Internal Revenue Code of 1954.

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