The following is an example of an acceptable dissolution clause: Upon the dissolution of this organization, assets shall be distributed for one or more exempt purposes within the meaning of IRC Section 501(c)(3), or corresponding section of any future federal tax code, or shall be distributed to the federal government, or to a state or local government, for a public purpose. See Pub. 557 for further information and examples of acceptable language for dedication of assets upon dissolution in the organizing document. Does the organizing document contain the dissolution provision required under Section 501(c)(3) or does state law (in the state where the organization is legally formed) satisfy the requirement? Yes | No
