1994 U.S. Code
Title 36 - PATRIOTIC SOCIETIES AND OBSERVANCES
CHAPTER 21 - NATIONAL SAFETY COUNCIL
Sec. 476 - Use of assets on dissolution or liquidation
View Metadata| Publication Title | United States Code, 1994 Edition, Title 36 - PATRIOTIC SOCIETIES AND OBSERVANCES |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 36 - PATRIOTIC SOCIETIES AND OBSERVANCES CHAPTER 21 - NATIONAL SAFETY COUNCIL Sec. 476 - Use of assets on dissolution or liquidation |
| Contains | section 476 |
| Date | 1994 |
| Laws in Effect as of Date | January 4, 1995 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Aug. 13, 1953, ch. 429, §16, 67 Stat. 573. |
| Statutes at Large Reference | 67 Stat. 573 |
§476. Use of assets on dissolution or liquidation
Upon final dissolution or liquidation of the corporation, and after discharge or satisfaction of all outstanding obligations and liabilities, the remaining assets of the corporation may be distributed in accordance with the determination of the board of directors of the corporation and in compliance with the constitution and bylaws of the corporation and all Federal and State laws applicable thereto.
(Aug. 13, 1953, ch. 429, §16, 67 Stat. 573.)
Section Referred to in Other SectionsThis section is referred to in section 470 of this title.
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