12. Property remaining on dissolution of the Corporation

If upon the dissolution of the Corporation there remains after the satisfaction of all its debts and liabilities, any property whatsoever, such property shall not be distributed among the members of the Corporation, but shall be given or transferred to some other institution or institutions having objects similar to those of the Corporation and which is or are by its or their rules prohibited from distributing any income or property among its or their members. Such institution or institutions may be determined by the Executive Committee of the Corporation on or before the dissolution of the

Corporation.