36 USC § 190112 - Distribution of assets on dissolution or final liquidation
---
identifier: "/us/usc/t36/s190112"
source: "usc"
legal_status: "official_legal_evidence"
title: "36 USC § 190112 - Distribution of assets on dissolution or final liquidation"
title_number: 36
title_name: "PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS"
section_number: "190112"
section_name: "Distribution of assets on dissolution or final liquidation"
chapter_number: 1901
chapter_name: "RESERVE OFFICERS ASSOCIATION OF THE UNITED STATES"
part_number: "B"
part_name: "Organizations"
positive_law: true
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1449.)"
---
# § 190112. Distribution of assets on dissolution or final liquidation
On dissolution or final liquidation of the corporation, any assets remaining after the discharge of all liabilities shall be divided equally among the then active officers and members.
---
**Source Credit**: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1449.)
| RevisedSection | Source (U.S. Code) | Source (Statutes at Large) |
| --- | --- | --- |
| 190112 | 36:231 (words after 2d comma). | June 30, 1950, ch. 431, § 11 (words after 2d comma), 64 Stat. 314. |
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.