Monday, March 17, 2014

Involuntary Dissolution


2. Involuntary dissolution
Involuntary dissolutions are rare. To involuntarily dissolve a public charity, the attorney general must petition the Supreme Judicial Court under M.G.L. c. 180, § 11B for the dissolution of such charitable corporation based on one of the following permissible causes: failure to submit required annual filings for two consecutive years or inactivity of the charity and its dis-solution would be in the public interest
http://massland.org/files/dissolution_public_charity_BBA_Rockefeller.pdf