Cal. Corp. Code § 10015

Current through the 2023 Legislative Session.
Section 10015 - Payment of debts and obligation; transfer or disposal of remaining assets

After the debts and obligations of the corporation are paid or adequately provided for, any assets remaining shall be transferred to the religious organization governed by the corporation sole, or to trustees in its behalf, or disposed of as may be decreed by the superior court of the county in which the dissolved corporation had its principal office upon petition therefor by the Attorney General or any person connected with the organization.

Ca. Corp. Code § 10015

Enacted by Stats. 1947, Ch. 1038.