Statute · United States Code

36 U.S.C. § 70512 — Deposit of assets on dissolution or final liquidation

36 U.S.C. § 70512

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

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.

Citator

36 U.S.C. § 70512 — Deposit of assets on dissolution or final liquidation is in force in the current edition of the Code, and nothing recorded condemns it.

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.