Dissolution Clause voted 07-06-2010 in aid of obtaining 501(c)(3) status.
Line 288:
Line 288:
nomination, using the Votes of the Membership procedures in these bylaws. The replacement officerâs term shall last
nomination, using the Votes of the Membership procedures in these bylaws. The replacement officerâs term shall last
until new at-large directors are elected at the next Annual Meeting.
until new at-large directors are elected at the next Annual Meeting.
+
+
+
==Dissolution==
+
If Pumping Station One is forced to dissolve due to unfortunate circumstances, court order, or planned dissolution, the remaining assets and funds of Pumping Station One will be dispersed to a 501(c)(3) organization with similar purpose, as determined by the board of directors. [''This section added [[Meeting Notes 07-06-2010|07-06-2010]].'']