1995 US Code
Title 36 - PATRIOTIC SOCIETIES AND OBSERVANCES
CHAPTER 77 - NATIONAL COUNCIL ON RADIATION PROTECTION AND MEASUREMENTS
Sec. 4515 - Use of assets on dissolution or liquidation
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 77 - NATIONAL COUNCIL ON RADIATION PROTECTION AND MEASUREMENTS Sec. 4515 - Use of assets on dissolution or liquidation |
| Contains | section 4515 |
| Date | 1995 |
| Laws in Effect as of Date | January 16, 1996 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Pub. L. 88-376, §15, July 14, 1964, 78 Stat. 324. |
| Statutes at Large Reference | 78 Stat. 324 |
| Public Law Reference | Public Law 88-376 |
§4515. 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 bylaws of the corporation and all Federal and State laws applicable thereto. Such distribution shall be consistent with the purposes of the corporation.
(Pub. L. 88–376, §15, July 14, 1964, 78 Stat. 324.)
Disclaimer: These codes may not be the most recent version. The United States Government Printing Office may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the US site. Please check official sources.
