I'm not sure if this is an appropriate newsgroup to ask this question. I'm asking the following question to you as a starting point:
I'm involved in making a decision of whether or not to acquire a capital asset for an entity. The money sitting in the bank account of the entity belongs to all the members of the entity. That capital asset was proposed to be acquired for the benefits of the members. However, since that asset amounts to a large sum of money up front and depreciates as it is an electronic equipment, there are confusion on what would need to be done on that capital asset when the entity is gone. Would the liquidation process involve selling the capital asset ,and then sending the total sum of money to whoever should get the money in the order as specified by law?