36 USC 130311 - Distribution of Assets on Dissolution or Final Liquidation

On dissolution or final liquidation of the corporation, any assets remaining after the discharge of all liabilities shall be distributed as provided by the board of directors, but in compliance with the constitution and bylaws of the corporation.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1376.)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
130311 36:645. Aug. 4, 1955, ch. 546, §15, 69 Stat. 490.

Sections:  Previous  130304  130305  130306  130307  130308  130309  130310  130311  130501  130502  130503  130504  130505  130506  130507  Next

Last modified: October 26, 2015