Section 411 - Asset disposition upon dissolution of corporation.

UT Code § 63H-8-411 (2019) (N/A)
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(1) all liabilities and obligations of the corporation, including obligations to bondholders, shall be paid, satisfied, discharged, or adequately provided for; and

(2) all remaining money, property, rights, claims, and interests of the corporation shall revert or be conveyed to the state.