§ 22712. Distribution of assets on dissolution or final liquidation
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/usc/title-36/section-22712A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
On dissolution or final liquidation of the corporation, any assets remaining after the discharge or satisfactory provision for discharge of all liabilities shall be transferred to the Secretary of Veterans Affairs to be applied to the care and comfort of disabled veterans of World War II, the Korean conflict, and the Vietnam era.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1309.)
The words “Secretary of Veterans Affairs” are substituted for “Department of Veterans Affairs” because under 38:303 the Secretary is the head of the Department.
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- Pub. L. 105–225
- 112 Stat. 1309
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§ 22712
Distribution of assets on dissolution or final liquidation
Pub. L.Pub. L. 105–225
Stat.112 Stat. 1309
Cites 2Cited by 0 across 0 sources