AGADVOKS GLOBALKENYA · ENGLISH
☰ Menu
The Africa International University Charter

40. Dissolution of the University

Edition: 2022-12-31 · In force

My notebookDiscuss your situation

40. Dissolution of the University

In the event of the dissolution of the University by revocation of the Charter or in the event of winding up of the University for whatever reasons, or if the University ceases to exist, all assets or income remaining after payment of all reasonable expenses or liabilities properly incurred shall revert to the Trustees or be distributed to one or more organizations in the, Republic of Kenya with similar legal nature, aims and objectives as the University as the Trustees may in their sole and absolute discretion determine.
← Previous provision
Source: Kenya Law