Monday, February 25, 2008

What happens when a charity shuts down?

The founding of a new charity is often a cause for celebration, but when an organization decides to close its doors for good, people aren't as vocal about the process. Still, there are steps involved and legal requirements that must be met. Adam Aptowitzer, a lawyer with the Ottawa-based law firm Drache LLP, discusses some of the reasons why charities dissolve, what is required to do so, and what to consider when facing this decision.

What happens when a charity shuts down? (MP3)

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