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 231 - AVIATION HALL OF FAME (§§ 23101 - 23112)
Section 23112 - 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 231 - AVIATION HALL OF FAME Sec. 23112 - Distribution of assets on dissolution or final liquidation |
| Contains | section 23112 |
| 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. 1314. |
| Statutes at Large References | 78 Stat. 318 112 Stat. 1314 |
| Public Law References | Public Law 88-372, Public Law 105-225 |
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On dissolution or final liquidation of the corporation, any assets remaining after the discharge of all liabilities shall be distributed as provided by the board of trustees, but consistent with the purposes of the corporation and in compliance with the charter and bylaws.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1314.)
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 23112 | 36:4316. | July 14, 1964, Pub. L. 88–372, §16, 78 Stat. 318. |
The word “satisfaction” is omitted as included in “discharge”, and the word “obligations” is omitted as included in “liabilities”. The words “outstanding” and “all Federal and State laws applicable thereto” are omitted as unnecessary.
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