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, • <br /> 13.3 A proposal to dissolve TC must be approved by the vote of two-thirds of the <br /> members present at a meeting of the members called for the purpose of considering <br /> the proposal, at which a quorum is present. <br /> 13.4 The real and personal property of TC is and shall be irrevocably dedicated to the <br /> purposes set forth in Section 1.3. Upon the liquidation, dissolution or abandonment <br /> of TC, other than incident to a merger or consolidation with another non-profit and <br /> tax-exempt organization, the assets of TC shall be dedicated to a governmental <br /> entity or any other nonprofit, tax exempt organization which is organized exclusively <br /> for purposes which qualify for exemption under the provisions of Section 501(c)(3) <br /> of the Internal Revenue Code of 1986 or any superseding section or sections <br /> thereof. <br /> 14. NOTICE. <br /> 14.1 Notice. Whenever the Act, the Articles of Incorporation or these Bylaws require <br /> Notice to any party, the Notice shall be given in writing and shall be either(a) mailed <br /> (by depositing the Notice in the United States mail with postage prepaid and <br /> addressed to the recipient at the address on file in TC's records), or (b) transmitted <br /> by electronic means (such as e-mail or facsimile machine to the e-mail address or <br /> facsimile number on file in TC's records); or (c) delivered by hand. Notice given by <br /> mail shall be deemed to be delivered three (3) days after being deposited in the. <br /> United States mail. Notice given by electronic means shall be deemed to be • <br /> delivered when sent if the sending party has confirmation of successful <br /> transmission. <br /> 14.2 Waivers of Notice. Whenever notice is required by law, by the Articles of <br /> Incorporation or by these Bylaws, a waiver thereof in writing signed by the director, <br /> member or other person entitled to said notice, whether before, at or after the time <br /> stated therein, or appearance at such meeting in person, shall be equivalent to such <br /> notice, except in the case of attendance at a meeting for the express purpose of <br /> objecting to the transaction of any business because the meeting is not lawfully <br /> called or convened. <br /> 15. MISCELLANEOUS. <br /> 15.1 "Act". Throughout these Bylaws, and unless the context otherwise requires, the <br /> term "Act" refers to the Colorado Revised Nonprofit Corporation Act, as amended, <br /> Colorado Revised Statutes §7-121-101 et seq. <br /> 15.2 Seal. TC may have, but is not required to have, a corporate seal. Any corporate <br /> seal of TC shall be circular in form and shall contain the name of TC and the words <br /> "Seal, Colorado." • <br /> File: TC Bylaws, April 16, 2002.wpd 13 <br />