- (a) Except as otherwise provided in the governing documents, a founder may dissolve a foundation by filing with the secretary of state a certificate of dissolution.
(b) The certificate of dissolution shall set forth:
- (1) The foundation's name;
- (2) The date on which the dissolution was authorized; and
- (3) A statement that the founder authorized the dissolution.
- (c) A foundation's dissolution is effective upon filing the certificate of dissolution.
Source. 2017, 257:47, eff. Oct. 1, 2017.