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1997 U.S. Code
Title 36 - PATRIOTIC SOCIETIES AND OBSERVANCES
CHAPTER 18 - NATIONAL CONFERENCE OF STATE SOCIETIES, WASHINGTON, DISTRICT OF COLUMBIA
Sec. 417 - Use of assets on dissolution or liquidation
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§417. Use of assets on dissolution or liquidation
§417. Use of assets on dissolution or liquidation
Upon final dissolution or liquidation of the corporation, and after the discharge or satisfaction of all outstanding obligations and liabilities, the remaining assets of the corporation shall be divided equally among the State and Territorial societies in the District of Columbia.
(Apr. 3, 1952, ch. 131, §17, 66 Stat. 41.)
Section Referred to in Other SectionsThis section is referred to in section 409 of this title.
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