Dissolution Provisions. In the event that a sufficient number of participating districts are of the opinion that the Cooperative is not meeting the intended goals of providing safe, economical transportation for all public school pupils residing with the boundaries of each participating district, they may mutually agree to dissolve the program. If such dissolvement should occur, capital investment and equipment owned by the cooperative shall revert to the participating districts at the same pro rata share as the districts are providing revenue on the last year of operation. In the event of dissolution, the Cooperative's maintenance facility shall remain the possession of the Woodland School District, and shall not be considered in the calculation of Woodland's pro rata share of capital investment and equipment. The Paradise Point facility is an asset of the KWRL non-profit corporation and will be considered similarly to buses and equipment thereby owned and liquidated on a pro rata share of the member districts.
Dissolution Provisions. (1) Events That Trigger Dissolution of the LLC: The following events shall trigger dissolution of the LLC, except as provided:
Dissolution Provisions. OSPI must give approval prior to proceeding with the dissolution of the Skills Center. In accordance with provisions of WAC 000-000-000 and in the event of dissolution of the Skills Center Consortium, all facilities and equipment shall remain the property of the Host District.
Dissolution Provisions. The State Superintendent of Public Instruction must give approval prior to proceeding with dissolution. In accordance with provisions of WAC 000-000-000 and in the event of dissolution of the Skills Center Cooperative all facilities and equipment shall remain the property of the Host District.
Dissolution Provisions. The cooperative operation of the facility under this Agreement can be dissolved only under the followingprocedures.
Dissolution Provisions. In the event that a sufficient number of participating Districts are of the opinion that the Cooperative is not meeting the intended goals of providing safe, economical transportation for all public school pupils residing with the boundaries of each participating District, they may mutually agree to dissolve the program and shall be consistent with WAC 000-000-000 (Dissolution Provisions). If such dissolution should occur, capital investment and equipment owned by the Cooperative shall revert to the participating Districts at the same pro rata share as the Districts are providing revenue on the last year of operation. In the event of dissolution, the Cooperative's maintenance facility shall remain the possession of the Woodland School District, and shall not be considered in the calculation of Woodland's pro rata share of capital investment and equipment. The Paradise Point facility is an asset of the KWRL non-profit corporation and will be considered similarly to buses and equipment thereby owned and liquidated on a pro rata share of the member Districts and according to the procedures of the Articles of Incorporation and the Washington Nonprofit Corporation Act.
Dissolution Provisions. In the event this nonprofit association has been inactive for three (3) years or longer, the last General Members who were General Members in good standing during the last calendar year of activity shall for purposes of this section appoint members to the Board to complete dissolution of this Association in accordance with the following: The Association shall continue its existence but may not carry on any activities except those appropriate to wind up and liquidate its affairs which includes:
Dissolution Provisions. 1. The Company shall be dissolved upon the occurrence of any of three events:
Dissolution Provisions. The cooperative operation of the WA-NIC under this Agreement can be dissolved only under the following procedures:
Dissolution Provisions
