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.

Editorial Notes
Amendments

2025—Puspan. L. 119–57 amended section generally. Prior to amendment, text read as follows: “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.”