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. 1410.)
Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
---|---|---|
151911 | 36:615. | Aug. 28, 1954, ch. 1036, §15, 68 Stat. 895. |
Sections: Previous 151904 151905 151906 151907 151908 151909 151910 151911 152101 152102 152103 152104 152105 152106 152107 Next
Last modified: October 26, 2015