FEDERAL · 36 U.S.C. · Chapter 303
Distribution of assets on dissolution or final liquidation
36 U.S.C. § 30312
Title36 — Patriotic and National Observances
Chapter303 — BLINDED VETERANS ASSOCIATION
This text of 36 U.S.C. § 30312 (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. § 30312.
Text
On dissolution or final liquidation of the corporation, any assets remaining after the discharge of all liabilities shall be transferred to the Secretary of Veterans Affairs to be applied to the care and comfort of blinded veterans.
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History
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1319.)
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. The words "Secretary of Veterans Affairs" are substituted for "Department of Veterans Affairs" because under 38:303 the Secretary is the head of the Department.
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Bluebook (online)
36 U.S.C. § 30312, Counsel Stack Legal Research, https://law.counselstack.com/usc/36/30312.