1724.07 Application of remaining assets after dissolution or liquidation.

In the event of any voluntary or involuntary dissolution, liquidation, or failure to reinstate the articles after cancellation of the corporation, any remaining assets shall be applied to such civic projects or public charitable purposes in the community or area as may be determined by the trustees with the approval of the court of common pleas of the county wherein the corporation has its principal place of business.

Effective Date: 08-17-1961