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36 U.S.C. § 30312 — Distribution of assets on dissolution or final liquidation
submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 37 words · no verdicts yet
in plain englishAI-generated · not legal advice
This section addresses distribution of assets on dissolution or final liquidation. It sets out the definitions, duties, limits, exceptions, or procedures stated in the explanation.
On dissolution or final liquidation of the corporation, any assets remaining after the discharge of all liabilities must be transferred to the Secretary of Veterans Affairs to be applied to the care and comfort of blinded veterans.
the actual law source: uscode.house.gov ↗public domain
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.
Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1319.)
history & why it existsrecord from the source credit
- 1998Enacted · Pub. L. 105-225 · 112 Stat. 1319
A history note hasn’t been published yet. The record shows enactment by Pub. L. 105-225 on 1998-08-12.
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