36 USC 22712 - Distribution of Assets on Dissolution or Final Liquidation

On dissolution or final liquidation of the corporation, any assets remaining after the discharge or satisfactory provision for discharge of all liabilities shall be transferred to the Secretary of Veterans Affairs to be applied to the care and comfort of disabled veterans of World War II, the Korean conflict, and the Vietnam era.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1309.)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
22712 36:67h. July 23, 1947, ch. 298, §9, 61 Stat. 407; Aug. 15, 1977, Pub. L. 95–98, §1(b)(3), 91 Stat. 830; June 13, 1991, Pub. L. 102–54, §13(n)(1), 105 Stat. 278.

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Last modified: October 26, 2015