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ARTICLE VI <br />DISSOLUTION OF BICEP <br />6.1 BICEP shall continue until dissolution as determined by atwo-thirds (2/3rds) vo <br />entire Board. The JPA Agreement and these Bylaws shall continue in force and i <br />purposes of disposing of all claims, payment of all expenses related to such dissolution, <br />but not limited to, insurance company payroll audits, claims adjustment costs, financial <br />expenses, accounting costs, investment services expenses, required official dissolution r <br />various parties, attorney costs and any other related necessary expenses, and the distri <br />remaining assets of BICEP. <br />6.2 The distribution of remaining assets of BICEP upon dissolution shall be in accords <br />the terms and conditions for distribution as provided in the Risk Management Program in <br />Member participates. <br />6.3 The Board is vested with all powers of BICEP for the purpose of concluding and di <br />the business affairs of BICEP. <br />ARTICLE VII <br />WITHDRAWAL BY MEMBER <br />7.1 Conditions to Permitting Withdrawal of a Member from Coverage. On and after <br />2005, BICEP shall permit a Member to withdraw from Coverage subject to the <br />conditions: <br />7.1.1 A Member shall not be in default of any of its obligations to pay any <br />provided herein and pursuant to a Risk Management Program. <br />7.1.2 Notice to Withdraw. <br />(a) A Charter Member shall provide written notice to BICEP of its ii <br />withdraw no less than six (6) months preceding the upcoming renewal date of Cove <br />non-Charter Member may not withdraw for a period of thirty-six (36) months comr <br />from the date of admission to BICEP ("Initial Term"). After the Initial Term, a non• <br />Member shall provide written notice to BICEP of its intent to withdraw no less that <br />months preceding the upcoming renewal date of Coverage; except, however, <br />Charter Member may provide such 6-month notice prior to the end of its Initial Tern <br />withdrawal shall take effect on the next immediate renewal date of Coverage. <br />(b) Any Member may withdraw from a Risk Management Program which <br />risk sharing by providing written notice no less than ninety (90) days preced <br />upcoming renewal date of such non-risk sharing Coverage. <br />Bylaws <br />OS-31-O6 <br />of the <br />`ect for <br />cluding <br />iuditing <br />tices to <br />~tion of <br />with <br />~h a <br />luly 1, <br />um as <br />nt to <br />fie. A <br />ncing <br />six (6) <br />a non- <br />, which <br />is non- <br />ng the <br />8 <br />