Question: Question 1 3 ( 2 points ) A nonprofit operating in multiple states fails to include a dissolution clause in its Articles of Incorporation. Which
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A nonprofit operating in multiple states fails to include a dissolution clause in its Articles of Incorporation. Which consequence is most likely when the organization dissolves?
The IRS will automatically revoke its c status.
State regulators may distribute remaining assets according to default state charitable trust laws.
The nonprofit must convert to a entity.
Donors lose the ability to claim tax deductions.
Board members become personally liable for debts.
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