Title 36, Patriotic and National ObservancesRelease 119-102
§200313 Distribution of Assets on Dissolution or Final Liquidation
Title 36 › Subtitle II — Patriotic and National Organizations › Part B — Organizations › CHAPTER 2003 — SONS OF UNION VETERANS OF THE CIVIL WAR › § 200313
Summary
On closing after debts are paid, the council must distribute remaining assets under the constitution and bylaws.
Full Legal Text
Title 36, §200313
Patriotic and National Observances, Source: USLM XML via OLRC
On dissolution or final liquidation of the corporation, any assets remaining after the discharge of all liabilities shall be distributed as provided by the council of administration, but in compliance with the constitution and bylaws of the corporation.
Legislative History
Notes & Related Subsidiaries
Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large) 20031336:549.Aug. 20, 1954, ch. 774, § 19, 68 Stat. 752. 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. The words “as provided by” are substituted for “in accordance with the determination of” to eliminate unnecessary words. The words “and all Federal and States laws applicable thereto” are omitted as unnecessary.
Reference
Citations & Metadata
Citation
36 U.S.C. § 200313
Title 36, Patriotic and National Observances
Last Updated
Aug 21, 2026
Release point: 119-102