36 U.S.C. § 150513

Current through P.L. 118-107 (published on www.congress.gov on 11/21/2024)

Section 150513 - Distribution of assets on dissolution or final liquidation

On dissolution or final liquidation of the corporation, any assets remaining after the discharge of all liabilities shall be divided equally among the State and territorial societies in the District of Columbia.

36 U.S.C. § 150513

Pub. L. 105-225, 112 Stat. 1391.

HISTORICAL AND REVISION NOTES
Revised Section	Source (U.S. Code)	Source (Statutes at Large)
150513	36:417.	Apr. 3, 1952, ch. 131, §17, 66 Stat. 41.

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.