15 U.S.C. § 154

Current through P.L. 118-78 (published on www.congress.gov on 07/30/2024)
Section 154 - Investigations by registrar; revocation of certificate of incorporation

The registrar may, in order to ascertain if the affairs of a China Trade Act corporation are conducted contrary to any provision of this chapter, or any other law, or any treaty of the United States, or the articles of incorporation or bylaws of the corporation, investigate the affairs of the corporation. The registrar, whenever he is satisfied that the affairs of any China Trade Act corporation are or have been so conducted, may institute in the United States Court for China proceedings for the revocation of the certificate of incorporation of the corporation. The court may revoke such certificate if it finds the affairs of such corporation have been so conducted. Pending final decision in the revocation proceedings the court may at any time, upon application of the registrar or upon its own motion, make such orders in respect to the conduct of the affairs of the corporation as it deems advisable.

15 U.S.C. § 154

Sept. 19, 1922, ch. 346, §14, 42 Stat. 853.

EDITORIAL NOTES

REFERENCES IN TEXTUnited States Court for China, referred to in text, has been abolished. See Codification note set out under section 142 of this title.

China
The term "China" means (1) China including Manchuria, Tibet, Mongolia, and any territory leased by China to any foreign government, (2) the Crown Colony of Hong Kong, and (3) the Province of Macao;
registrar
The term "registrar" means the China Trade Act registrar appointed under section 143 of this title.
corporation
The terms "China Trade Act corporation" and "corporation" mean a corporation chartered under the provisions of this chapter;
China Trade Act corporation
The terms "China Trade Act corporation" and "corporation" mean a corporation chartered under the provisions of this chapter;