2017 US Code
Title 36 - Patriotic and National Observances, Ceremonies, and Organizations
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

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Citation 36 U.S.C. § 30514 (2017)
Section Name §30514. 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 national executive board, but in compliance with the constitution and bylaws of the corporation.

Source Credit

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

Editorial Notes
Historical and Revision Notes
Revised SectionSource (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.

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 305 - BLUE STAR MOTHERS OF AMERICA, INC.
Sec. 30514 - Distribution of assets on dissolution or final liquidation
Contains section 30514
Date 2017
Laws In Effect As Of Date January 12, 2018
Positive Law Yes
Disposition standard
Statutes at Large References 74 Stat. 518
112 Stat. 1322
Public Law References Public Law 86-653, Public Law 105-225
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