36 USC § 80106 - Distribution of assets on dissolution

---
identifier: "/us/usc/t36/s80106"
source: "usc"
legal_status: "official_legal_evidence"
title: "36 USC § 80106 - Distribution of assets on dissolution"
title_number: 36
title_name: "PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS"
section_number: "80106"
section_name: "Distribution of assets on dissolution"
chapter_number: 801
chapter_name: "GENERAL FEDERATION OF WOMEN’S CLUBS"
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. 1360.)"
---


# § 80106. Distribution of assets on dissolution

26 U.S.C. 501(c)(3)

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 () with purposes similar to those of the corporation.

---

**Source Credit**: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1360.)

| RevisedSection | Source (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. |