In the event of dissolution of the Society, either by operation of law or by action of the Board of Managers, after payment of all creditors, its assets shall be distributed to the General Society of Sons of the Revolution for its general purposes provided that it or its successor is in active existence as an exempt organization under the United States Internal Revenue Code and shall accept the distribution of such assets. In the event that the General Society of Sons of the Revolution or its successor shall be unable or unwilling to accept the distribution, the assets shall be distributed to the Historical Society of Pennsylvania for its general purposes under the same provisions; otherwise, the assets shall be distributed to a public foundation engaged in charitable or educational endeavors and duly qualified as an exempt organization under the United States Internal Revenue Code, as the Board of Managers may determine.

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