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The Association may be dissolved upon the vote of a majority of the Board. On dissolution or winding up of the Association, its assets, if any, remaining after payment of or provision for payment of all debts and liabilities of the Association, can be distributed to an organization, although not required, selected by the Board, organized and operated exclusively for charitable purposes under Section 501(c)(3), 509(a), 170(c)and 170(b)(1)(A) of the Internal Revenue Code.

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