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South Carolina Yearbook - September 2020

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<strong>2020</strong> <strong>South</strong> <strong>Carolina</strong> Nurses Association<br />

ARTICLE XX: DISPOSITION OF ASSETS<br />

Section 1. Disposition of Assets<br />

No person shall possess any property right in or to the property or assets of the Corporation. Upon<br />

dissolution of the corporation and after all obligations are satisfied, all assets shall be distributed to<br />

an eleemosynary corporation or non-profit business so designated by the Board of Directors at the<br />

time of disposition.<br />

Approved and Revised: Annual Meeting <strong>September</strong> 14, 2007<br />

Approved and Revised: Annual Meeting October 25, 2008<br />

Approved and Revised: Annual Meeting <strong>September</strong> 12, 2009<br />

Approved and Revised: Annual Meeting October 23, 2010<br />

Approved and Revised: Annual Meeting <strong>September</strong> 9, 2011<br />

Approved and Revised: Annual Meeting <strong>September</strong> 22, 2012<br />

Approved and Revised: Annual Meeting October 11, 2013<br />

2012 Proviso Removed: December 2014<br />

Approved and Revised: Annual Meeting November 12, 2016<br />

Approved and Revised: Annual Meeting November 3, 2017<br />

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