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36 U.S.C. · Patriotic and National Observances, Ceremonies, and Organizations
36 U.S.C. § 40511

Distribution of assets on dissolution or final liquidation

Ch. 405 — CONGRESSIONAL MEDAL OF HONOR SOCIETY OF THE UNITED STATES OF AMERICA
Title 36 U.S.C. ● ACTIVE Primary Source Ch. 405
Statutory Text

36 U.S.C. § 40511 — 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 405 - CONGRESSIONAL MEDAL OF HONOR SOCIETY OF THE UNITED STATES OF AMERICA Sec. 40511 - Distribution of assets on dissolution or final liquidation From the U.S. Government Publishing Office, www.gpo.gov

§40511. 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 bylaws.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1335.)

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

40511 36:805. Aug. 14, 1958, Pub. L. 85–642, §15, 72 Stat. 600.

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 ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-USC36-SEC-1A243C
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
36 U.S.C. § 40511
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
fb41ba3658fbf1ec...
Semantic Edges
Pending — corpus passes queued
The statutory text of 36 U.S.C. § 40511 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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← 36 U.S.C. § 40510 36 U.S.C. § 40701 →
Ch. 405 — CONGRESSIONAL MEDAL OF HONOR SOCIETY OF THE UNITED STATES OF AMERICA
36 U.S.C. § 4050136 U.S.C. § 4050236 U.S.C. § 4050336 U.S.C. § 4050436 U.S.C. § 4050536 U.S.C. § 4050636 U.S.C. § 4050736 U.S.C. § 4050836 U.S.C. § 4050936 U.S.C. § 4051036 U.S.C. § 40511
36 U.S.C. — public domain ← All Legislation
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boisestandard.org → United States → Law → U.S. Code → Title 36 → 36 U.S.C. § 40511