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36 U.S.C. § 30514 — 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 · 38 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 distributed as provided by the national executive board, but in compliance with the constitution and bylaws of the corporation.
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 distributed as provided by the national executive board, but in compliance with the constitution and bylaws of the corporation.

Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1322.)

history & why it existsrecord from the source credit
  • 1998Enacted · Pub. L. 105-225 · 112 Stat. 1322

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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