H
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There are defined rules for any school to leave.
2 years notice and Exit Fee of 3X the Annual Revenue in the year of notification. So no. There is not a rule to dissolve the ACC entity, but there is a specific process for each school to leave.
If 75% want to create a rule to dissolve, there is a defined process to do that as well.
Thread Replies (25)
What would it take for us to vote to dissolve the ACC
-- LocalExperts
Jul 27, 2022 at 09:14 PM ET
LocalExperts
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07/27/22 09:14 PM ET
If the ACC bylaws remove the leaving members from the voting pool because
-- ChrisLords
Jul 28, 2022 at 12:45 PM ET
ChrisLords
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07/28/22 12:45 PM ET
Its not the departing schools ACC media money the remaining schools would
-- 133743Hokie
Jul 28, 2022 at 09:01 AM ET
133743Hokie
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07/28/22 09:01 AM ET
It doesn't matter what ESPN pays the ACC, what matters is the media money
-- wwhokie1
Jul 28, 2022 at 12:53 AM ET
wwhokie1
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07/28/22 12:53 AM ET
Tied to the ESPN ACCN Contract that also Expires in 2036
-- WarHog38
Jul 28, 2022 at 01:15 AM ET
WarHog38
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07/28/22 01:15 AM ET
You might like to see it.......
-- 2hhoop3
Jul 28, 2022 at 05:39 AM ET
2hhoop3
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07/28/22 05:39 AM ET
Tough legal argument to say let me out of the GOR because my resignation
-- 133743Hokie
Jul 28, 2022 at 03:54 PM ET
133743Hokie
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07/28/22 03:54 PM ET
Probably depends on the judge like a lot of judicial rulings these days.**
-- WarHog38
Jul 28, 2022 at 04:24 PM ET
WarHog38
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07/28/22 04:24 PM ET
I agree but that is why it isn’t happening right now
-- hokieZ71
Jul 28, 2022 at 09:19 AM ET
hokieZ71
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07/28/22 09:19 AM ET
You have to create a bylaw that explains the Dissolution process
-- HOO86
Jul 27, 2022 at 10:39 PM ET
HOO86
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07/27/22 10:39 PM ET
Always appreciate when someone states a facts instead of speculation, more
-- anotherdamnyankeehokie
Jul 28, 2022 at 09:03 AM ET
anotherdamnyankeehokie
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07/28/22 09:03 AM ET
But wouldn't that open it up to litigation?
-- hokieZ71
Jul 27, 2022 at 11:00 PM ET
hokieZ71
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07/27/22 11:00 PM ET
There are defined rules for any school to leave.
◄
-- HOO86
Jul 27, 2022 at 11:08 PM ET
HOO86
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07/27/22 11:08 PM ET
75% versus the majority, makes it almost impossible, where did u get that?
-- Stech
Jul 28, 2022 at 08:15 AM ET
Stech
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07/28/22 08:15 AM ET
It was in a Raleigh News & Observer Article early July
-- HOO86
Jul 28, 2022 at 03:53 PM ET
HOO86
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07/28/22 03:53 PM ET
The ACC is a non-profit as defined and exempt by the IRS.
-- RJHokie
Jul 29, 2022 at 08:40 AM ET
RJHokie
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07/29/22 08:40 AM ET
give me your email; I'll send you the Bylaws**
-- daveinop
Jul 28, 2022 at 09:27 AM ET
daveinop
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07/28/22 09:27 AM ET
Thanks for offering, but I don’t want to give that out publicly, can you
-- Stech
Jul 28, 2022 at 02:26 PM ET
Stech
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07/28/22 02:26 PM ET
I have a PDF and haven't figured out how to
-- daveinop
Jul 29, 2022 at 08:27 AM ET
daveinop
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07/29/22 08:27 AM ET
I think that is exactly what it would take, there's your 8 votes
-- MrBayAreaHokie
Jul 27, 2022 at 09:42 PM ET
MrBayAreaHokie
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07/27/22 09:42 PM ET