Would it be possible for a corporation or not-for-profit organization to legally include a self-destruct clause in founders agreement, by-laws, or similar binding agreement, one that can not or is unlikely to be superseded by another authority?
- Bob and Alice register an organization (non-profit or for-profit)
- Bob and Alice both agree the purpose of the organization is X
- Bob and Alice both explicitly agree that deviation from the initial purpose or change of ownership of the organization in a way that would inevitably lead to such deviation should trigger the organization to dissolve, and assets be split in manner Y.
Now let's assume Bob transfers his ownership or something similar happens that is likely to result in change of direction for the org, how likely it is that such clauses be overturned somehow? Can this be done in a way that prevents boards and similar bodies from removing such clauses in a "more-likely-to-be-upheld" manner?
I am interested in EU and US, so feel free to answer according to your geographical area of expertise. This is not a real scenario, just a legal thought I am entertaining at the moment.