36 U.S.C. · Patriotic and National Observances, Ceremonies, and Organizations
36 U.S.C. § 152312

Distribution of assets on dissolution or final liquidation

Ch. 1523 — NATIONAL MUSIC COUNCIL
Title 36 U.S.C. ● ACTIVE Primary Source Ch. 1523
Statutory Text

36 U.S.C. § 152312 — Distribution of assets on dissolution or final liquidation

U.S.C. Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS 36 U.S.C. United States Code, 2023 Edition Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS Subtitle II - Patriotic and National Organizations Part B - Organizations CHAPTER 1523 - NATIONAL MUSIC COUNCIL Sec. 152312 - Distribution of assets on dissolution or final liquidation From the U.S. Government Publishing Office, www.gpo.gov

§152312. 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 used by the board of directors for the purposes stated in section 152302 of this title or be transferred to a recognized educational foundation.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1414.)

Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large)

152312 36:675. Aug. 1, 1956, ch. 824, §15, 70 Stat. 797.

The word "satisfaction" is omitted as included in "discharge", and the word "obligations" is omitted as included in "liabilities". The word "outstanding" is omitted as unnecessary.

Source: uscode.house.gov — public domain Official Source ↗
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◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-USC36-SEC-731B1E
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
36 U.S.C. § 152312
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
e6ef3459c254094f...
Semantic Edges
Pending — corpus passes queued
The statutory text of 36 U.S.C. § 152312 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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