Title 36 — Patriotic and National Observances, Ceremonies, and Organizations
Part B · Chapter 503 — Disabled American Veterans
§ 50309. Dissolution
Statutory text
On dissolution or final liquidation of the corporation, any assets remaining after the discharge or satisfactory provision for the discharge of all liabilities shall be transferred to the Secretary of Veterans Affairs for the care of disabled veterans.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Pub. L. 114–135 § 1(b) · 130 Stat. 300
Enacted · 36 U.S.C. § 50309
(Added Pub. L. 114–135, § 1(b), Mar. 18, 2016, 130 Stat. 300.)
Source evidence
Code source credit
(Added Pub. L. 114–135, § 1(b), Mar. 18, 2016, 130 Stat. 300.)Enacted provision · exact public law section
(b) Dissolution.— Chapter 503 of such title is amended by adding at the end the following new section: “§ 50309. Dissolution “On dissolution or final liquidation of the corporation, any assets remaining after the discharge or satisfactory provision for the discharge of all liabilities shall be transferred to the Secretary of Veterans Affairs for the care of disabled veterans.” .
1 of 1 references resolved to an enrolled provision
Credits
(Added Pub. L. 114–135, § 1(b), , 130 Stat. 300.)