36-U.S.C.-130113

§130113 – Distribution of Assets On Dissolution Or Final Liquidation

Pathway

Title 36 > Subtitle II > Part B > Chapter 1301 > Section 130113

Details

• Reference: Section 130113
• Legend: §130113 – 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 distributed as provided by the council of administration, but in compliance with the constitution and bylaws of the corporation.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1373.)

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 as provided by are substituted for in accordance with the determination of for consistency in the revised title and to eliminate unnecessary words. The reference to the council of administration is retained although there is no council of administration created by 36:78e or 36:78f. The words all Federal and State laws applicable thereto are omitted as unnecessary.

U.S. Encyclopedia of Law Coverage

36-U.S.C.-130107 in the Legal Encyclopedia: Patriotic Organizations

In this entry about 36-U.S.C.-130107, 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.

Topic Map

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