If a corporation is dissolved voluntarily, there must be a "winding up" of its affairs.

Name: If a corporation is dissolved voluntarily, there must be a "winding up" of its affairs.
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When a corporation is dissolved voluntarily, it must go through a winding up process to settle its affairs, pay any outstanding debts, and distribute any remaining assets to shareholders. This process ensures that the corporation's affairs are handled properly before it is officially dissolved.

If a Corporation Is Dissolved Voluntarily, There Must Be a "Winding