Section 1 – Failure
If the Silver League fails to survive, the Board of Directors will vote to dissolve the organization.
Section 2 – Obligations
The Board of Directors will oversee that all legal bills of the organization will be paid or prorated upon dissolution.
Section 3 – Remaining Funds
Upon dissolution, and after all bills are paid, any monies remaining in the treasury will be presented to a Board-designated charity or charities for their use.