The Assembly passed a resolution that "With effect from the day following the close of the present session of the Assembly April 19, the League of Nations shall cease to exist except for the sole purpose of the liquidation of its affairs as provided in the present resolution." A Board of Liquidation consisting of nine persons from different countries spent the next 15 months overseeing the transfer of the League's assets and functions to the United Nations or specialised bodies, finally dissolving itself on 31 July 1947.