36 U.S.C. § 70512Chapter 705
§70512. Deposit 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
§70512. Deposit 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 deposited in the Treasury of the United States as a miscellaneous receipt.
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 70512 | 36:585. | Aug. 24, 1954, ch. 911, §15, 68 Stat. 800. |
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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