FEDERAL · 36 U.S.C. · Chapter 1505
Distribution of assets on dissolution or final liquidation
36 U.S.C. § 150513
Title36 — Patriotic and National Observances
Chapter1505 — NATIONAL CONFERENCE OF STATE SOCIETIES, WASHINGTON, DISTRICT OF COLUMBIA
This text of 36 U.S.C. § 150513 (Distribution of assets on dissolution or final liquidation) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
36 U.S.C. § 150513.
Text
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.
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Source Credit
History
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1391.)
Editorial Notes
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.
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Bluebook (online)
36 U.S.C. § 150513, Counsel Stack Legal Research, https://law.counselstack.com/usc/36/150513.