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Tips and Answers
to Your Questions
Implementing a Partnership
How are mergers dissolved?
Once two or more organizations are legally merged, they are one organization
in the eyes of the law, and the process for dissolution of the organization
is the same as for any other nonprofit. What exactly that process involves
varies from state to state. We'd be happy to give you more details
on that if you're interested. However I'm guessing that what you are
looking for is information on how to "back out" of a merger
- or go back to being separate organizations. You cannot truly go back
to being the same organizations you were before, as in all likelihood
at least one of the former corporate entities no longer exists. You
could, however, set up a new nonprofit corporation, going through all
the normal steps, and then transfer a subset of the merged organizations'
assets and programs to that new organization. You could then probably
even give the new corporate entity the same or similar name as one
of the pre-merger organizations. For details on how to handle a specific
situation, you should consult with an attorney experienced in nonprofit
law.
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