328. Corporations are dissolved:
1. By Ordinance or Imperial Act or Order in Council declaring their dissolution;
2. By the expiration of the term or the accomplishment of the object for which they were formed, or the happening of the condition attached to their creation;
3. By forfeiture legally incurred;
4. By the death of all the members, the diminution of their number, or by any other cause of a nature to interrupt the corporate existence, when the right of succession is not provided for in such cases;
5. By the mutual consent of all the members, subject to the modifications and under the circumstances hereinafter determined;
6. By voluntary liquidation in the cases by law provided. (Amended by Act 34 of 1956)
329. Religious and other corporations of a public nature, other than those formed for the mutual assistance of their members, cannot be dissolved by mutual consent without a formal and legal surrender under the direction of the Court; but if they have been created by Royal Charter, by Order in Council, or by special Act or Ordinance, they can be dissolved only by special law: or under the conditions of the instrument which created them.