Labor Union Act Article 42

Upon the dissolution of a labor union, its residual property shall, except for paying debts, be processed in accordance with union charter or the resolution adopted by the general meeting of members or member representatives. Provided that, the residual property shall not be transferred to individuals or for-profit organizations.In case that a labor union cannot process its residual property in accordance with the preceding Paragraph, the property shall be transferred to the local autonomous organization where the labor union is located.