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Article XIII | Table of Contents
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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