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Contract # 12-2337 <br />ARTICLE VI. WITHDRAWAL <br />Section 1. Any member party may at any time give written notice of withdrawal from <br />MWACCC. A party withdrawing from membership at a time when such withdrawal dos not <br />result in dissolutions of the organization shall forfeit its claim to any assets of the organization. <br />ARTICLE VII. DISSOLUTION <br />Section 1. The organization shall be dissolved whenever (a) aggregate withdrawals <br />of member parties representing more than one-half of the area population occurs, or (b) by a <br />majority vote of all members of the Board. <br />Section 2. Upon dissolution, the remaining assets of the organization, after payment <br />of all obligations, shall be distributed among the parties as determined by the Board. <br />ARTICLE VIII. DURATION <br />This Agreement shall continue in effect until dissolved according to Article VII. <br />ARTICLE IX. EFFECTIVE DATE <br />This Agreement shall become effective upon its execution by the parties hereto. <br />