§ 230313. Termination of existence and distribution of assets

• (a) 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)
  • (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.