36 U.S.C. § 80106 — Distribution of assets on dissolution
U.S.C. Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, ANDÂ ORGANIZATIONS 36 U.S.C. United States Code, 2023 Edition Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, ANDÂ ORGANIZATIONS Subtitle II - Patriotic and National Organizations Part B - Organizations CHAPTER 801 - GENERAL FEDERATION OF WOMEN'S CLUBS Sec. 80106 - Distribution of assets on dissolution From the U.S. Government Publishing Office, www.gpo.gov
§80106. Distribution of assets on dissolution
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. 105–225, Aug. 12, 1998, 112 Stat. 1360.)
Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large)
80106 36:3501(c). Mar. 3, 1901, ch. 860, §1(c), as added Aug. 7, 1986, Pub. L. 99–376, §1(3), 100 Stat. 804.