Civil Code · English · 2015
Article 420
Devolution of Property
(1)
The property of an association which has been dissolved may in no case be partitioned among the associates.
#(2)
In default of a provision in the memorandum of association or in the statutes, and unless the general meeting validly destined it for another, purpose, such property shall become the property of the State.
#(3)
The general meeting may not decide on the destination of the property if the association is dissolved by the office of associations.
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