go into liquidation
- Article47 When an enterprise as legal person is disbanded, it shall establish a liquidation organization and go into liquidation.
第四十七条企业法人解散,应当成立清算组织,进行清算。 - Article40 When a legal person terminates, it shall go into liquidation in accordance with the law and discontinue all other activities.
第四十条法人终止,应当依法进行清算,停止清算范围外的活动。
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