§36-13-14. Perpetual existence, dissolution, continuation of existence.

(a) A decentralized unincorporated nonprofit association shall have perpetual existence unless its governing principles otherwise specify.

(b) A decentralized unincorporated nonprofit association may be dissolved by any of the following methods:

(1) If the governing principles of the nonprofit association provide a time or method for dissolution, by that method;

(2) If the governing principles of the nonprofit association do not provide a method for dissolution, by approval of its members in accordance with §36-13-20 of this code;

(3) If membership in the decentralized unincorporated nonprofit association falls below 100 members and the decentralized unincorporated nonprofit association does not meet the requirements of a West Virginia unincorporated nonprofit association under this article; or

(4) By court order.

(c) After dissolution, a decentralized unincorporated nonprofit association continues in existence until its activities have been wound up and terminated pursuant to §36-13-26 of this code.