Winding up and termination of an unincorporated nonprofit association shall proceed in accordance with the following rules:
(1) All known debts and liabilities shall be paid or adequately provided for;
(2) Any property subject to a condition requiring return to the person designated by the donor shall be transferred to that person;
(3) Any property subject to a trust shall be distributed in accordance with the trust agreement; and (4) Any remaining property shall be distributed as follows:
(a) As required by law other than this chapter that requires assets of an association to be distributed to another person with similar nonprofit purposes;
(b) In accordance with the association's governing principles or, in the absence of applicable governing principles, to the members of the association per capita or as the members direct; or (c) If neither paragraph (a) nor (b) of this subsection applies, as directed by the appropriate court.