2017 US Code
Title 36 - Patriotic and National Observances, Ceremonies, and Organizations
Subtitle II - Patriotic and National Organizations
Part B - Organizations
Chapter 2203 - United States Capitol Historical Society
Sec. 220315 - Distribution of assets on dissolution or final liquidation

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Citation 36 U.S.C. § 220315 (2017)
Section Name §220315. Distribution of assets on dissolution or final liquidation
Section Text

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 in compliance with the constitution and bylaws of the corporation.

Source Credit

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1465.)

Editorial Notes
Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large)
220315 36:1214. Oct. 20, 1978, Pub. L. 95–493, §14, 92 Stat. 1646.

The word "satisfaction" is omitted as included in "discharge", and the word "obligations" is omitted as included in "liabilities". The words "outstanding" and "and all Federal and State laws applicable thereto" are omitted as unnecessary.

Publication Title United States Code, 2012 Edition, Supplement 5, Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS
Subtitle II - Patriotic and National Organizations
Part B - Organizations
CHAPTER 2203 - UNITED STATES CAPITOL HISTORICAL SOCIETY
Sec. 220315 - Distribution of assets on dissolution or final liquidation
Contains section 220315
Date 2017
Laws In Effect As Of Date January 12, 2018
Positive Law Yes
Disposition standard
Statutes at Large References 92 Stat. 1646
112 Stat. 1465
Public Law References Public Law 95-493, Public Law 105-225
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