American Samoa § 30.0205 - Liquidation.
Full text of American Samoa American Samoa Code Annotated § 30.0205 — Liquidation., with citation guidance and answers to common questions.
§ 30.0205. Liquidation.
Upon the dissolution or winding up of an eleemosynary corporation, after paying or adequately providing for the debts and obligations of the corporation, the officers or persons in charge of the liquidation shall divide the remaining assets among the members in accordance with their respective rights therein. If the corporation holds its assets on any trust, such assets shall be disposed of in such manner as may be directed by the decree of the High Court of American Samoa upon petition filed for that purpose by the Attorney General or any party concerned in the liquidation.
Frequently Asked Questions About American Samoa § 30.0205
What does American Samoa Code Annotated § 30.0205 cover?
Section 30.0205 ("Liquidation.") is part of the American Samoa Code Annotated, the codified statutory law of American Samoa. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite American Samoa § 30.0205?
A common citation format is "American Samoa Code Annotated § 30.0205" (American Samoa). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of American Samoa law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the American Samoa official source linked on this page or consult a licensed American Samoa attorney.
How does American Samoa § 30.0205 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in American Samoa can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in American Samoa.