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 305 - BLUE STAR MOTHERS OF AMERICA, INC. (§§ 30501 - 30514)
Section 30514 - Distribution of assets on dissolution or final liquidation

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Publication TitleUnited States Code, 2006 Edition, Supplement 5, Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, ANDORGANIZATIONS
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, ANDORGANIZATIONS
Subtitle II - Patriotic and National Organizations
Part B - Organizations
CHAPTER 305 - BLUE STAR MOTHERS OF AMERICA, INC.
Sec. 30514 - Distribution of assets on dissolution or final liquidation
Containssection 30514
Date2011
Laws in Effect as of DateJanuary 3, 2012
Positive LawYes
Dispositionstandard
Source CreditPub. L. 105-225, Aug. 12, 1998, 112 Stat. 1322.
Statutes at Large References74 Stat. 518
112 Stat. 1322
Public Law ReferencesPublic Law 86-653, Public Law 105-225

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36 USC § 30514 (2011)
§30514. Distribution of assets on dissolution or final liquidation

On dissolution or final liquidation of the corporation, any assets remaining after the discharge of all liabilities shall be distributed as provided by the national executive board, but in compliance with the constitution and bylaws of the corporation.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1322.)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
30514 36:957. July 14, 1960, Pub. L. 86–653, §17, 74 Stat. 518.

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. The reference to the “national executive board” is retained although 36:946 and 947 (restated in section 30505 of the revised title) do not create a governing body called a “national executive board.” The words “all Federal and State laws applicable thereto” are omitted as unnecessary.

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