Section 11: Dissolution of Foundation
consolidated text (as amended). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
11. Dissolution of Foundation
(1) The Foundation may be dissolved by the unanimous decision of the
Board.
(2) In the event of the dissolution of the Foundation, all assets remaining
after winding up shall be transferred to or used for a charitable cause designated by the Board.