660.7 Duty of trustees.
52 words·~1 min read·
/ia/chapter-660-quo-warranto/660-7A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The trustees shall proceed immediately to collect the debts and pay the liabilities of the corporation, and to divide the surplus among those thereto entitled.
[C51, §2169; R60, §3751; C73, §3363; C97, §4331; C24, 27, 31, 35, 39, §12435; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §660.7]