Statute · United States Code
12 U.S.C. § 623 — Voluntary liquidation
12 U.S.C. § 623
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- bankruptcy
Any corporation organized under this subchapter may go into voluntary liquidation and be closed by a vote of its shareholders owning two-thirds of its stock.
Citator
12 U.S.C. § 623 — Voluntary liquidation is in force in the current edition of the Code, and nothing recorded condemns it.
Any corporation organized under this subchapter may go into voluntary liquidation and be closed by a vote of its shareholders owning two-thirds of its stock.