ARTICLE 17 – DISSOLUTION, BY-LAW #1 SHA Constitution -2024 Rev (Sarnia Hockey)

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ARTICLE 17 Dissolution



The Corporation may be dissolved by a special motion passed by the voting Board members of the Corporation at a voting board member’s meeting.

If the Corporation is dissolved, its assets shall be liquidated and transferred to a qualified recipient selected by the members by a special motion passed by the voting Board members at a members meeting.

A special motion passed by the voting board members is required to make any change concerning the distribution of property remaining on liquidation after the discharge of any liabilities of the Corporation.