Code · U.S. Code · Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS · CHAPTER 1901— RESERVE OFFICERS ASSOCIATION OF THE UNITED STATES · § 190112

§ 190112. Distribution of assets on dissolution or final liquidation

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On dissolution or final liquidation of the corporation, any assets remaining after the discharge of all liabilities shall be divided equally among the then active officers and members.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1449.)

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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Pub. L. 105–225
112 Stat. 1449

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§ 190112

Distribution of assets on dissolution or final liquidation

Pub. L.Pub. L. 105–225

Stat.112 Stat. 1449

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