17-5524


Chapter 17.--CORPORATIONS


Article 55.--SAVINGS AND LOAN CODE; POWERS

     
17-5524.   Same; dissolution results.
In the event of the disposition of all of the property of an association
pursuant to this section, the vote of members shall be a vote for
dissolution and a certificate of dissolution shall be executed and
dissolution shall be effected in accordance with this act. Any member's
vote under this section may be taken in connection with a vote on
dissolution under the provisions of this act.

     
History:   L. 1943, ch. 133, § 102; July 1.