Publication Year
2015
Author(s)
Topic
Keywords
- dissolution
- closure
- disbanding
- bankruptcy
Website URL
http://www.charitycentral.ca/docs/dissolution-en.pdf
Description
This document looks at what is involved for non-profit organizations at the end stage of an organization’s life. The technical details vary by statute but generally, dissolution is the last stage of liquidation; the process by which an incorporated organization or company is ended and its assets and liabilities are reconciled and any remaining property distributed. Liquidation is sometimes called winding-up, and dissolution usually refers to the last stage of that process. (c) 2010, rev. 2015
Publisher
Centre for Public Legal Education Alberta