Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsProperty remaining on dissolution
| 10. If upon the dissolution of the Corporation there remains after the satisfaction of all its debts and liabilities. any, property whatsoever, such property shall not be distributed among the members of the Corporation but shall be given or transferred to some other institution or institutions having objects similar to those of the Corporation, and which is or are by the rules there of prohibited from distributing any income or property among its or their members. Such institution or institutions shall be determined by the Board at. or immediately before, the dissolution of the Corporation. |