(a) Authority To Make Contingent Provisions.—The national convention, by resolution, may declare that the corporate existence will terminate on the occurrence of a specified event and provide for the disposition of any property remaining after the discharge of all liabilities.
(b) Procedure for Carrying Out Contingent Provisions.—(1) An authenticated copy of the national convention’s resolution must be filed in the office of the United States District Court for the District of Columbia.
(2) The court shall take jurisdiction when—(A) the declared event has occurred; and
(B) a petition is filed with the court reciting the relevant facts.
(3) On proof of the facts, the court shall enter an order vesting title and ownership in accordance with the resolution of the national convention.
Structure US Code
Title 36— PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS
Subtitle II— Patriotic and National Organizations
CHAPTER 2303— VETERANS OF WORLD WAR I OF THE UNITED STATES OF AMERICA, INCORPORATED
§ 230306. Exclusive right to name, seals, emblems, and badges
§ 230309. Records and inspection
§ 230311. Liability for acts of officers and agents
§ 230313. Termination of existence and distribution of assets