Statute · United States Code

36 U.S.C. § 140511 — Distribution of assets on dissolution or final liquidation

36 U.S.C. § 140511

Type
Statute
Source
United States Code
Jurisdiction
Federal
Date
2025-01-06
Topic
antitrust

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.

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.