[§304A-3008] Dissolution.
58 words·~1 min read·
/hi/304a-3008A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
[§304A-3008] Dissolution. In the event of the dissolution of the research corporation, all of its property, real, personal, and mixed and wheresoever situated, shall vest immediately and absolutely in the university, and none of its property shall inure to the benefit of any officer, director, or member of the research corporation. [L 2006, c 75, pt of §2]