FEDERAL · 36 U.S.C. · Chapter 801

Distribution of assets on dissolution

36 U.S.C. § 80106
Title36Patriotic and National Observances
Chapter801 — GENERAL FEDERATION OF WOMEN'S CLUBS

This text of 36 U.S.C. § 80106 (Distribution of assets on dissolution) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
36 U.S.C. § 80106.

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.

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Related

American National Theatre v. American National Theatre Inc.
472 F. Supp. 2d 487 (S.D. New York, 2006)
1 case citations

Source Credit

History

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1360.)

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36 U.S.C. § 80106, Counsel Stack Legal Research, https://law.counselstack.com/usc/36/80106.