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Bylaws < BACK
 
ARTICLE 8 - DISTRIBUTING ASSETS AND DISSOLVING THE SOCIETY

8.1 The Society does not pay any dividends or distribute its property among its Members.
 
8.2 If the Society is dissolved, any funds or assets remaining after paying all debts are paid to a registered and incorporated charitable organization.  Members select this organization by Special Resolution.  In no event do any Members receive any assets of the Society.
   
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11759 Groat Road | Edmonton, AB T5M 3K6 | Phone: (780) 427-8104 | Fax: (780) 427-0524 | Email: info@cadsalberta.ca         Copyright © 2009 CADS - Alberta | CADS Privacy Policy