36 U.S.C. · Patriotic and National Observances, Ceremonies, and Organizations
36 U.S.C. § 31111

Distribution of assets on dissolution or final liquidation

Ch. 311 — BOYS & GIRLS CLUBS OF AMERICA
Title 36 U.S.C. ● ACTIVE Primary Source Ch. 311
Statutory Text

36 U.S.C. § 31111 — 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 311 - BOYS & GIRLS CLUBS OF AMERICA Sec. 31111 - Distribution of assets on dissolution or final liquidation From the U.S. Government Publishing Office, www.gpo.gov

§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 SectionSource (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.

Source: uscode.house.gov — public domain Official Source ↗
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Federation ID
BS-USC36-SEC-9DA2AA
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
36 U.S.C. § 31111
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
857a71a6e9a89736...
Semantic Edges
Pending — corpus passes queued
The statutory text of 36 U.S.C. § 31111 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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