On dissolution or final liquidation of the corporation, any assets remaining after the discharge of all liabilities shall be deposited in the Treasury of the United States as a miscellaneous receipt.

Open Table
Historical and Revision Notes
Revised

Section

Source (U.S. Code) Source (Statutes at Large)
70512 36:585. Aug. 24, 1954, ch. 911, §15, 68 Stat. 800.

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.


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