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2011 Utah Code
Title 9 Community and Culture Development
Chapter 4 Housing and Community Development
Section 926 Asset disposition upon dissolution of corporation.

9-4-926. Asset disposition upon dissolution of corporation.
Upon dissolution of the corporation:
(1) all liabilities and obligations of the corporation, including obligations to bondholders, shall be paid, satisfied, discharged, or adequately provided for; and
(2) all remaining funds, property, rights, claims, and interests of the corporation shall revert or be conveyed to the state.

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