6 Del. C. § 1909

§ Â 1909. Disposition of personal property of inactive nonprofit association.

Year: 2026Length: 82 wordsOfficial source
If a nonprofit association has been inactive for 3 years or longer, a person in possession or control of personal property of the nonprofit association may transfer the property: (1) If a document of a nonprofit association specifies a person to whom transfer is to be made under these circumstances, to that person; or (2) If no person is so specified, to a nonprofit association or nonprofit corporation pursuing broadly similar purposes or to a government or governmental subdivision, agency or instrumentality.
6 Del. C. § 1909: § Â 1909. Disposition of personal property of inactive nonprofit association. | Justis AI