Home/U.S. Code/Title 36/Ch. 801/§ 80106
FEDERAL · 36 U.S.C. · Chapter 801

Distribution of assets on dissolution

Current through Pub. L. 119-102
Title 36 — Patriotic and National Observances·Ch. 801 — GENERAL FEDERATION OF WOMEN'S CLUBS
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

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History

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