---
kind: "section"
citation: "36 U.S.C. § 190112"
title: "36"
title_heading: "Patriotic and National Observances, Ceremonies, and Organizations"
number: "190112"
heading: "Distribution of assets on dissolution or final liquidation"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/36/190112"
units:
  - "Subtitle II — Patriotic and National Organizations"
  - "Part B — Organizations"
  - "Chapter 1901 — Reserve Officers Association of the United States"
---

# §190112. 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 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.)

## Notes

| Historical and Revision Notes |  |  |
| --- | --- | --- |
| Revised<br>Section | 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.