BYLAWS of the Oregon SECTION,
INSTITUTE OF FOOD TECHNOLOGISTS
Article IX - Dissolution
Section 9.1 By the Institute Board of Directors
If this SECTION ceases to function as a SECTION of the INSTITUTE for a period of more than
one year, or holds less than three (3) meetings in any one year, or if its membership is less than
twenty-five (25) members of the INSTITUTE for a period of one year, the Board of Directors may
terminate the charter of this SECTION. Such dissolution of the SECTION shall not affect the standing
in the INSTITUTE of the members of the SECTION.
Section 9.2 By Membership
The membership of this SECTION may vote to dissolve the SECTION. The INSTITUTE should
be notified of the intent to dissolve. The INSTITUTE will transmit a ballot to all members of the
INSTITUTE residing within the SECTION zip code boundaries. A two-thirds (2/3’s) majority vote is
required for dissolution.
Section 9.3 Fiscal Responsibility
In the event of voluntary dissolution of this SECTION, or revocation of its charter by the
INSTITUTE Executive Committee, and after the discharge of all of its debts and obligations, any
remaining funds and property of the SECTION shall be conveyed to the INSTITUTE, the INSTITUTE
Foundation, or to such other not-for-profit educational, scientific or charitable organization(s) as the
SECTION Executive Committee may determine. Said conveyance shall be made within sixty (60)
days after the SECTION's debts and obligations have been discharged and the INSTITUTE shall be
notified in writing of said action, immediately upon its completion. In the event that the SECTION
Executive Committee is unable to agree upon an eligible recipient organization(s) within the sixty (60)
day period, the remaining funds and property of the SECTION shall be conveyed to the INSTITUTE
Foundation for its general purposes. Any organization, including the INSTITUTE, to which the
remaining funds and property of the SECTION are to be conveyed must be exempt under the
provisions of Section 501(c)(3) of the Internal Revenue Code of 1954, as amended, or under any
successors to the Sections of the Code, as they may be in effect at the time of conveyance.
INSTITUTE OF FOOD TECHNOLOGISTS
Article IX - Dissolution
Section 9.1 By the Institute Board of Directors
If this SECTION ceases to function as a SECTION of the INSTITUTE for a period of more than
one year, or holds less than three (3) meetings in any one year, or if its membership is less than
twenty-five (25) members of the INSTITUTE for a period of one year, the Board of Directors may
terminate the charter of this SECTION. Such dissolution of the SECTION shall not affect the standing
in the INSTITUTE of the members of the SECTION.
Section 9.2 By Membership
The membership of this SECTION may vote to dissolve the SECTION. The INSTITUTE should
be notified of the intent to dissolve. The INSTITUTE will transmit a ballot to all members of the
INSTITUTE residing within the SECTION zip code boundaries. A two-thirds (2/3’s) majority vote is
required for dissolution.
Section 9.3 Fiscal Responsibility
In the event of voluntary dissolution of this SECTION, or revocation of its charter by the
INSTITUTE Executive Committee, and after the discharge of all of its debts and obligations, any
remaining funds and property of the SECTION shall be conveyed to the INSTITUTE, the INSTITUTE
Foundation, or to such other not-for-profit educational, scientific or charitable organization(s) as the
SECTION Executive Committee may determine. Said conveyance shall be made within sixty (60)
days after the SECTION's debts and obligations have been discharged and the INSTITUTE shall be
notified in writing of said action, immediately upon its completion. In the event that the SECTION
Executive Committee is unable to agree upon an eligible recipient organization(s) within the sixty (60)
day period, the remaining funds and property of the SECTION shall be conveyed to the INSTITUTE
Foundation for its general purposes. Any organization, including the INSTITUTE, to which the
remaining funds and property of the SECTION are to be conveyed must be exempt under the
provisions of Section 501(c)(3) of the Internal Revenue Code of 1954, as amended, or under any
successors to the Sections of the Code, as they may be in effect at the time of conveyance.