Bylaws

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(Section 7 - Termination of Membership)
(Article X. Dissolution)
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# In the event that the organization dissolves, assets may be liquidated to pay off any debt the organization may have accrued.
 
# In the event that the organization dissolves, assets may be liquidated to pay off any debt the organization may have accrued.
 
# Members who have loaned items to the organization will be notified via their email address on file to pick up these materials. If members cannot be contacted or do not respond within 14 days items loaned to  will be treated as a asset of organization.
 
# Members who have loaned items to the organization will be notified via their email address on file to pick up these materials. If members cannot be contacted or do not respond within 14 days items loaned to  will be treated as a asset of organization.
# Any remaining assets will be auctioned to members in good standing.
+
# Any remaining assets will be auctioned to full members in good standing.
 +
# Any items not sold at auction will be donated to charity.
  
 
== Article XI. Amendments ==
 
== Article XI. Amendments ==

Revision as of 15:31, 21 December 2011

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