§ 97-142. Disposition of assets upon dissolution. - North Carolina Statutes

§97‑142.  Disposition of assets upon dissolution.

In the event of dissolution ofthe Association, all assets remaining after provision for satisfaction of alloutstanding claims shall be distributed to the State Treasurer forestablishment of a reserve to satisfy potential claims against the Associationand, all such claims being satisfied, for inclusion in the general fund of theState. (1985 (Reg. Sess., 1986), c. 1013, s. 1.)