U.S. Code, Title 36, Patriotic Societies and Observances

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Author: "U.S. Congress, Office of the Law Revision Counsel"

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§ 31111. 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. 1329.)

Historical and Revision Notes

Revised Section

Source (U.S. Code)

Source (Statutes at Large)

31111     36:705.     Aug. 6, 1956, ch. 976, § 15, 70 Stat. 1056.

     The word "satisfaction" is omitted as included in "discharge", and the word "obligations" is omitted as included in "liabilities". The words "outstanding" and "all Federal and State laws applicable thereto" are omitted as unnecessary.

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Chicago: "U.S. Congress, Office of the Law Revision Counsel", "§ 31111. Distribution of Assets on Dissolution or Final Liquidation," U.S. Code, Title 36, Patriotic Societies and Observances in U.S. Code, Title 36, Patriotic Societies and Observances (Washington, D.C.: Government Printing Office, 2002), Original Sources, accessed April 26, 2018, http://www.originalsources.com/Document.aspx?DocID=DLUZ9MS8RKV1KKF.

MLA: "U.S. Congress, Office of the Law Revision Counsel". "§ 31111. Distribution of Assets on Dissolution or Final Liquidation." U.S. Code, Title 36, Patriotic Societies and Observances, in U.S. Code, Title 36, Patriotic Societies and Observances, Washington, D.C., Government Printing Office, 2002, Original Sources. 26 Apr. 2018. www.originalsources.com/Document.aspx?DocID=DLUZ9MS8RKV1KKF.

Harvard: "U.S. Congress, Office of the Law Revision Counsel", '§ 31111. Distribution of Assets on Dissolution or Final Liquidation' in U.S. Code, Title 36, Patriotic Societies and Observances. cited in 2002, U.S. Code, Title 36, Patriotic Societies and Observances, Government Printing Office, Washington, D.C.. Original Sources, retrieved 26 April 2018, from http://www.originalsources.com/Document.aspx?DocID=DLUZ9MS8RKV1KKF.