2011 US Code
Title 36 - Patriotic and National Observances, Ceremonies, Andorganizations
Subtitle II - Patriotic and National Organizations (§§ 10101 - 240112)
Part B - Organizations (§§ 20101 - 240112)
Chapter 1301 - LADIES OF THE GRAND ARMY OF THE REPUBLIC (§§ 130101 - 130113)
Section 130113 - Distribution of assets on dissolution or final liquidation
View Metadata| Publication Title | United States Code, 2006 Edition, Supplement 5, Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, ANDORGANIZATIONS |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, ANDORGANIZATIONS Subtitle II - Patriotic and National Organizations Part B - Organizations CHAPTER 1301 - LADIES OF THE GRAND ARMY OF THE REPUBLIC Sec. 130113 - Distribution of assets on dissolution or final liquidation |
| Contains | section 130113 |
| Date | 2011 |
| Laws in Effect as of Date | January 3, 2012 |
| Positive Law | Yes |
| Disposition | standard |
| Source Credit | Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1373. |
| Statutes at Large References | 73 Stat. 80 112 Stat. 1373 |
| Public Law References | Public Law 86-47, Public Law 105-225 |
Download PDF
On dissolution or final liquidation of the corporation, any assets remaining after the discharge of all liabilities shall be distributed as provided by the council of administration, but in compliance with the constitution and bylaws of the corporation.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1373.)
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 130113 | 36:78p. | June 17, 1959, Pub. L. 86–47, §17, 73 Stat. 80. |
The word “satisfaction” is omitted as included in “discharge”, and the word “obligations” is omitted as included in “liabilities”. The word “outstanding” is omitted as unnecessary. The words “as provided by” are substituted for “in accordance with the determination of” for consistency in the revised title and to eliminate unnecessary words. The reference to the “council of administration” is retained although there is no council of administration created by 36:78e or 36:78f. The words “all Federal and State laws applicable thereto” are omitted as unnecessary.
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.
