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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 36 U.S.C. § 80106 Distribution of assets on dissolution us united_states_code code_section 36 PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS 801 GENERAL FEDERATION OF WOMENS CLUBS 80106 36 U.S.C. § 80106 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc36@119-100.zip /us/usc/t36/s80106 data/legal/raw/us/code/title-36/usc36.xml e720064fa94db481d035618409e318290166f922a00fc5c88c635f796d64ff8b d8bb3c94f12bbd56e49d7a2bc029b1f4ab0bb8b69327e9ddbdf94d7adcac580d 2db78a4112c6253c936f23559ca5dae028dce987f9fe5cc609221b781732ced9 2026-07-04 official
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36 U.S.C. § 80106 - Distribution of assets on dissolution

Text

On dissolution of the corporation, the board of directors shall liquidate and distribute its assets to organizations qualified as exempt organizations under section 501(c)(3) of the Internal Revenue Code of 1986 (26 U.S.C. 501(c)(3)) with purposes similar to those of the corporation.

(Pub. L. 105225, Aug. 12, 1998, 112 Stat. 1360.)

Notes

Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 8010636:3501(c).Mar. 3, 1901, ch. 860, § 1(c), as added Aug. 7, 1986, Pub. L. 99376, § 1(3), 100 Stat. 804.