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36 U.S.C. § 152512 36 u.s.c. · national safety council · title 36
36 U.S.C. § 152512
Distribution of assets on dissolution or final liquidation
Title 36 USC
● ACTIVE
Ch. 1525
Jurisdiction Federal — United States
Chapter NATIONAL SAFETY COUNCIL
Primary Source uscode.house.gov ↗
Federation ID OM-USC36-SEC-D394B3
STATUTORY TEXT primary source · verbatim · uscode.house.gov

U.S.C. Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS 36 U.S.C. United States Code, 2023 Edition Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS Subtitle II - Patriotic and National Organizations Part B - Organizations CHAPTER 1525 - NATIONAL SAFETY COUNCIL Sec. 152512 - Distribution of assets on dissolution or final liquidation From the U.S. Government Publishing Office, www.gpo.gov

§152512. 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 distributed as provided by the board of directors, but in compliance with the constitution and bylaws of the corporation.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1418.)

Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large)

152512 36:476. Aug. 13, 1953, ch. 429, §16, 67 Stat. 573.

The words "dissolution or final liquidation" are substituted [for] "final dissolution or liquidation" for consistency in the revised title. 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. The words "as provided by" are substituted for "in accordance with the determination of" to eliminate unnecessary words. The words "all Federal and State laws applicable thereto" are omitted as unnecessary.

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 36 U.S.C. § 152512 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
OakMorel Law
36 U.S.C.
Citation
36 U.S.C. § 152512
Status
● ACTIVE
Chapter
1525 — NATIONAL SAFETY COUNCIL
Title
Patriotic and National Observances, Ceremonies, and Organizations
Jurisdiction
Federal
Federation ID
OM-USC36-SEC-D394B3
Root-LD Spec
v1.0
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Patriotic and National Observances, Ceremonies, and Organizations — 36 U.S.C. § 152512