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14 <br /> 1. Dissolution: Upon the liquidation, dissolution,termination, or winding up of the <br /> Corporation,whether voluntary, involuntary or by operation of law,the property or assets <br /> of the Corporation remaining after providing for the payment of its debts sand obligations <br /> shall be conveyed,transferred, distributed, and set over outright to one or more <br /> charitable, educational or scientific institutions or organizations selected by the Board of <br /> Directors and in such proportions and such manner as may be determined by such vote. <br /> Such one or more institutions or organizations shall at the time qualify as exempt <br /> organizations under section 501(c)(3) of the Internal Revenue Code as the same now <br /> exists or as it may hereafter be amended. <br /> LAUCH,Excerpt of Bylaws <br /> J <br /> Certification# C201831100055-1 Reference#C201831100055-Page: 4 of 4 <br />