Section 184.09. Disposition of personal property of inactive nonprofit association.

Latest version.

If a nonprofit association has been inactive for 3 years or longer, a person in possession or control of personal property of the nonprofit association may transfer the property to any of the following:

(1) If a document of a nonprofit association specifies a person to whom transfer is to be made under these circumstances, that person.

(2) If no person is so specified, a nonprofit association or nonprofit corporation pursuing broadly similar purposes, or to a government or governmental subdivision, agency or instrumentality.

1997 a. 140 .

                    
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