36-U.S.C.-30312

36-U.S.C.-30312

§30312 – Distribution of Assets On Dissolution Or Final Liquidation

Pathway

Title 36 > Subtitle II > Part B > Chapter 303 > Section 30312

Details

  • Reference: Section 30312
  • Legend: §30312 – 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 transferred to the Secretary of Veterans Affairs to be applied to the care and comfort of blinded veterans.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1319.)

Historical and Revision Notes
Revised
Section
Source (U.S. Code) Source (Statutes at Large)
30312 36:865. Aug. 27, 1958, Pub. L. 85–769, §15, 72 Stat. 927; June 13, 1991, Pub. L. 102–54, §13(n)(4), 105 Stat. 278.

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.

U.S. Encyclopedia of Law Coverage

36-U.S.C.-30110 in the Legal Encyclopedia: Patriotic Organizations

In this entry about 36-U.S.C.-30110, find legal reference material, bibliographies and premiere content related to patriotic organizations in the American Encyclopedia of Law, presenting a comprehensive view of the United States patriotic organizations-specific issues, written by authorities in the field.

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