36-U.S.C.-150513
§150513 – Distribution of Assets On Dissolution Or Final Liquidation
Pathway
Title 36 > Subtitle II > Part B > Chapter 1505 > Section 150513
Details
- Reference: Section 150513
- Legend: §150513 – Distribution of Assets On Dissolution Or Final Liquidation
- USCode Year: 2013
Provision Content
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.
U.S. Encyclopedia of Law Coverage
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