36-U.S.C.-190112

§190112 – Distribution of Assets On Dissolution Or Final Liquidation

Pathway

Title 36 > Subtitle II > Part B > Chapter 1901 > Section 190112

Details

• Reference: Section 190112
• Legend: §190112 – 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 then active officers and members.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1449.)

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

Chapter 1801 – Reserved in the Legal Encyclopedia: Patriotic Organizations

In this entry about Chapter 1801 – Reserved, 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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