---
type: "LegalText"
title: "36 U.S.C. § 150713"
description: "Distribution of assets on dissolution or final liquidation"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 36
title_name: "PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS"
chapter_number: "1507"
chapter_name: "NATIONAL CONFERENCE ON CITIZENSHIP"
section: "150713"
citation: "36 U.S.C. § 150713"
status: "current"
release_point: "119-100"
release_date: "2026-06-26"
source: "official"
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc36@119-100.zip"
source_identifier: "/us/usc/t36/s150713"
source_file: "data/legal/raw/us/code/title-36/usc36.xml"
source_hash: "58fa58d755e3d8ed56702b19c0473e1a4db754577df156dd53dae8c01f7006af"
raw_snapshot_hash: "d8bb3c94f12bbd56e49d7a2bc029b1f4ab0bb8b69327e9ddbdf94d7adcac580d"
text_hash: "da11f21ed751c0f872e0cc4d40db4e0159955e010cab51dc4e496c7aa3653873"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---

# 36 U.S.C. § 150713 - Distribution of assets on dissolution or final liquidation

## Text

On dissolution or final liquidation of the corporation, any assets remaining after the discharge of all liabilities shall be transferred by the board of directors to a recognized agency or agencies engaged in the furtherance and advancement of citizenship.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1394.)

## Notes

Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 15071336:445.Aug. 13, 1953, ch. 427, § 15, 67 Stat. 565. The word “satisfaction” is omitted as included in “discharge”, and the word “obligations” is omitted as included in “liabilities”. The word “outstanding” is omitted as unnecessary.