36 USC 220315 - 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 trustees, but in compliance with the constitution and bylaws of the corporation.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1465.)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
220315 36:1214. Oct. 20, 1978, Pub. L. 95–493, §14, 92 Stat. 1646.

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Last modified: October 26, 2015