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This entry was published on 2014-09-22
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SECTION 413
Dissolution
Religious Corporations (RCO) CHAPTER 51, ARTICLE 19
§ 413. Dissolution. (a) Whenever two-thirds of the voting members of
the society, present at a meeting called for that purpose, decide to
dissolve the corporation, they may, by its duly elected officers or
trustees or such agents as may be elected at such meeting, make a
petition to the supreme court for an order of dissolution.

(b) Such petition shall state:

(1) The particular reasons or causes why dissolution is sought.

(2) The location, extent and estimated value of the property of the
society.

(3) The particular object or purposes to which it is proposed to
devote any surplus of the proceeds of such property, such purposes to be
consistent with the general purposes of the Unitarian Universalist
Association.

(4) The due compliance with the provisions of this section as to the
authorization of the filing of the certificate of amendment.

(c) Copy of the petition shall be mailed to all members of the
corporation and shall be published at least once in a newspaper of
general circulation in the county where the society is located.

(d) A copy of the petition shall also be mailed, by registered mail,
to the Unitarian Universalist Association. The dissolution shall not
require the consent of the Unitarian Universalist Association, but the
Unitarian Universalist Association shall have a right to be heard in the
proceedings.

(e) Proof of the notices required by subdivisions (c) and (d) hereof
shall be filed with the supreme court and no hearing on the petition
shall be held by the supreme court until four weeks have elapsed after
the giving of all such notices.

(f) Upon consideration of the petition presented to the court, and
after any hearing which the court may in its discretion deem to be
necessary or appropriate to determine any facts pertinent to the relief
requested in the petition, the court may order the dissolution of the
society, and for that purpose and upon such terms and conditions deemed
appropriate order and direct a sale and conveyance of any and all
property belonging to such society. After providing for the
ascertaining and payment of the debts of the society and the necessary
costs and expenses of such sale and proceedings for dissolution, the
court may direct any surplus of the proceeds of such sale remaining
after paying such debts, costs and expenses, to be devoted and applied
to any such religious, benevolent, educational or charitable objects or
purposes consistent with the general purposes of the Unitarian
Universalist Association as the petitioners may suggest and the court
may approve.