36 U.S.C. § 80106
Title 36
Chapter 801
Current through PL 116-220
~1 min read
Last updated: March 30, 2026
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§ 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.
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