Title 36 of the U.S. Code § 150513 - Distribution of assets on dissolution or final liquidation
Full text of § 150513 from Title 36 of the United States Code.
§ 150513. 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 State and territorial societies in the District of Columbia.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1391.)
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 150513 | 36:417. | Apr. 3, 1952, ch. 131, §17, 66 Stat. 41. |
The word "satisfaction" is omitted as included in "discharge", and the word "obligations" is omitted as included in "liabilities". The word "outstanding" is omitted as unnecessary.
CHAPTER 1507—NATIONAL CONFERENCE ON CITIZENSHIP
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36 U.S.C. § 150513 is part of Title 36 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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