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.
Title 36
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Title 36
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.
Release: pl-119-83 (2026-04-13)