Title 36 — Patriotic and National ObservancesRelease 119-73
§80106 Distribution of assets on dissolution
Title 36 › Subtitle Subtitle II— - Patriotic and National Organizations › Part Part B— - Organizations › Chapter CHAPTER 801— - GENERAL FEDERATION OF WOMEN’S CLUBS › § 80106
Full Legal Text
Title 36, §80106
Patriotic and National Observances — Source: USLM XML via OLRC
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.
Legislative History
Notes & Related Subsidiaries
Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large) 8010636:3501(c).Mar. 3, 1901, ch. 860, § 1(c), as added Aug. 7, 1986, Pub. L. 99–376, § 1(3), 100 Stat. 804.
Reference
Citations & Metadata
Citation
36 U.S.C. § 80106
Title 36 — Patriotic and National Observances
Last Updated
Apr 6, 2026
Release point: 119-73