---
kind: "section"
citation: "36 U.S.C. § 170111"
title: "36"
title_heading: "Patriotic and National Observances, Ceremonies, and Organizations"
number: "170111"
heading: "Distribution of assets on dissolution or final liquidation"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/36/170111"
units:
  - "Subtitle II — Patriotic and National Organizations"
  - "Part B — Organizations"
  - "Chapter 1701 — Paralyzed Veterans of America"
---

# §170111. Distribution of assets on dissolution or final liquidation


On dissolution or final liquidation of the [corporation](/usc/36/220501.md?p=b-7), any assets remaining after the discharge or satisfactory provision for discharge of all liabilities shall be transferred to the Secretary of Veterans Affairs to be applied to the care and comfort of paralyzed veterans.


## Source credit

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1442.)

## Notes

| Historical and Revision Notes |  |  |
| --- | --- | --- |
| Revised<br>Section | Source (U.S. Code) | Source (Statutes at Large) |
| 170111 | 36:1159. | Aug. 11, 1971, Pub. L. 92–93, § 9, 85 Stat. 318; June 13, 1991, Pub. L. 102–54, § 13(n)(5), 105 Stat. 278. |

The words “dissolution or final liquidation” are substituted for “final dissolution or liquidation” for consistency in the revised title. The words “Secretary of Veterans Affairs” are substituted for “Department of Veterans Affairs” because under 38:303 the Secretary is the head of the Department.