36 U.S.C. § 20111
Use of assets on dissolution or final liquidation
United States · Title 36 — PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS · Status: effective
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- Citation
- 36 U.S.C. § 20111, Use of assets on dissolution or final liquidation, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/471104
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Full text
On dissolution or final liquidation of the corporation, any assets of the corporation remaining after the discharge of all liabilities shall be distributed as provided by the board of governors, but in compliance with the charter and bylaws.
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.
- To revise, codify, and enact without substantive change certain general and permanent laws, related to patriotic and national observances, ceremonies, and organizations, as title 36, United States Code, "Patriotic and National Observances, Ceremonies, and Organizations".House: no recorded tallySenate: no recorded tally