36 U.S.C. § 150513Chapter 1505
§150513. Distribution of assets on dissolution or final liquidation
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Verbatim text below is from the United States Code (GovInfo), a public-domain U.S. government work.
Full Text
§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.
| 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.
Last amended: December 31, 2024
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