36 USC 190112 - 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 divided equally among the then active officers and members.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1449.)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
190112 36:231 (words after 2d comma). June 30, 1950, ch. 431, §11 (words after 2d comma), 64 Stat. 314.

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Last modified: October 26, 2015