Promoting homeownership and professional ethics

PORTLAND METROPOLITAN ASSOCIATION OF REALTORS®

5331 SW Macadam Ave. #207, Portland OR 97239

(503) 228-6595 • fax (503) 228-4170

ARTICLE XXI - DISSOLUTION

Section 1. Upon the dissolution or winding up of affairs of this Association, the Board of Directors, after providing for payment of all obligations, shall distribute any remaining assets to the Oregon Association of REALTORS® or, within its discretion, to any other non-profit tax-exempt organization.

PMAR Bylaws 2006

Amended by PMAR members 5/19/97
Amended by PMAR members 6/22/98
Amended by PMAR members 8/23/99
Approved by NAR 9/8/99
Amended by PMAR members 12/13/99 (A-XII S-7)
Amended by PMAR members 2/28/00 (A-XII S-7)
Amended by PMAR BOD 2/9/00 – to membership 6/19/00 (A-XII S-3)
Amended by PMAR BOD 4/5/00 – to membership 6/19/00 (A-X S-5-6-7-8, A-XII S-3, A-XVII S-1)
Amended by PMAR BOD 4/5/00 (NAR mandated verbiage; no membership vote) A-VI S-5
Approved by NAR 5/12/00
Amended by PMAR members 6/19/00
Amended by PMAR BOD 3/20/01 (A-XVI S-4-5); approved by membership vote 4/23/01
Amended by PMAR BOD 9/12/01 (A-XII, S-5); approved by membership vote 10/22/01
Amended by PMAR BOD 10/9/01 (A-IV; AV S-1; AVI S-7; A-X S-3 S-6); NAR mandate, no mbrshp vote
Approved by NAR 1/15/02
Amended by PMAR BOD 4/14/04 (A-X S-1a); NAR mandate, no mbrshp vote
Amended by PMAR BOD 6/9/04 (A-IV S-1a; A-VIII, S3; A-X, S-2a; A-V, S-4; A-V, S-5) NAR mandate, no mbrshp vote
Amended by PMAR BOD 6/9/04 (A-V S-3); approved by membership vote 8/23/04
Approved by NAR 9/13/04
Amended by PMAR BOD 9/14/05 (A-IV S-1a; A-V, S-5) NAR mandate, no mbrshp vote
Amended by PMAR BOD 2/8/06 (A-XVIII S-2, S-6); NAR mandate, no mbrshp vote
Amended by PMAR BOD 8/9/06 (A-V S-2,3; A-VI S-2,4; A-VII S-1; A-X S-5,7; A-XII S 3,5; A-XIII S-2; A-XVI S 1,3,8; A-XVII S-1; A-XVIII S2; A-XIX S-2,4; A-XX S-1,3,5; Approved by PMAR members 10/9/06
Approved by NAR 10/19/06


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