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. 1434.)
Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
---|---|---|
154113 | 36:1055. | Sept. 10, 1962, Pub. L. 87–655, §15, 76 Stat. 533. |
Sections: Previous 154106 154107 154108 154109 154110 154111 154112 154113 154301 154302 154303 154304 154501 154502 154503 Next
Last modified: October 26, 2015