1995 US Code
Title 36 - PATRIOTIC SOCIETIES AND OBSERVANCES
CHAPTER 32 - VETERANS OF WORLD WAR I OF THE UNITED STATES OF AMERICA
Sec. 779 - Dissolution or liquidation; disposition of property
View Metadata| Publication Title | United States Code, 1994 Edition, Supplement 1, 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 32 - VETERANS OF WORLD WAR I OF THE UNITED STATES OF AMERICA Sec. 779 - Dissolution or liquidation; disposition of property |
| Contains | section 779 |
| Date | 1995 |
| Laws in Effect as of Date | January 16, 1996 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Pub. L. 85-530, §19, July 18, 1958, 72 Stat. 375. |
| Statutes at Large Reference | 72 Stat. 375 |
| Public Law Reference | Public Law 85-530 |
§779. Dissolution or liquidation; disposition of property
The national convention may, by resolution, declare the event upon which the corporate existence of the organization is to terminate and provide for the disposition of any property remaining to the corporation after the discharge or satisfaction of all outstanding obligations and liabilities. A duly authenticated copy of such resolution shall be filed in the office of the United States District Court for the District of Columbia. Upon the happening of the event thus declared, and upon the filing of a petition in said United States District Court reciting said facts, said court shall take jurisdiction thereof, and upon due proof being made the court shall enter a decree which shall be effectual to vest title and ownership in accordance with the provisions of such resolution.
(Pub. L. 85–530, §19, July 18, 1958, 72 Stat. 375.)
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