An act to recognize the organization known as the United States Submarine Veterans of World War II.
PL 97-83 (S.195), enacted 11/20/1981

95 STAT. 1094 
PUBLIC LAW 97-83—NOV. 20, 1981 
Nov. 20, 1981 
[S. 195] 
United States 
Submarine 
Veterans of 
World War II. 
Charter. 
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Public Law 97-83 
97th Congress 
An Act 
To recognize the organization known as the United States Submarine Veterans of 
World War II. 
Be it enacted by the Senate and House of Representatives of the 
United States of 
America in Congress assembled, 
CHARTER 
SECTION 1. The United States Submarine Veterans of 
World War II, 
incorporated under the Non-profit Corporation Act of the State of 
New Jersey, and the State of Colorado, is hereby recognized as such 
and is granted a charter. 
POWERS 
SEC. 2. United States Submarine Veterans of World War II (herein-
after referred to as the "corporation") shall have only those powers 
granted to it through its bylaws and articles of incorporation filed in 
the State or States in which it is incorporated and subject to the laws 
of 
such State or States. 
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OBJECTS AND PURPOSES OP CORPORATION 
SEC. 3. The objects and purposes of the corporation are those 
provided in its articles of incorporation and shall include patriotism 
and loyalty to the United States of America; the perpetuation and 
establishment of memorials to the memory of those shipmates who 
served aboard United States submarines and gave their lives in 
submarine warfare during World War II; promotion of the spirit and 
unity that existed among the United States Navy submarine crew-
men during World War II; fostering general public awareness of life 
aboard submarines during World War 11, through securing, restoring, 
and displaying the submarines that were in service at that time; 
sponsoring annual college scholarships; and performance of 
such acts 
of 
charity as provided for by the constitution and bylaws. 
SERVICE OF PROCESS 
SEC. 4. With respect to service of process, the corporation shall 
comply with the laws of the States in which it is incorporated and 
those States in which it carries on its activities in furtherance of its 
corporate purposes. 
MEMBERSHIP 
SEC. 5. Eligibility for membership in the corporation and the rights 
and privil^es of members shall, except as provided in this Act, be as 
provided in the constitution and bylaws of 
the corporation. 
PUBLIC LAW 97-83—NOV. 20, 1981 
95 STAT. 1095 
BOARD OF DIRECTORS; COMPOSITION; RESPONSIBILITIES 
SEC. 6. The board of directors of the corporation and the responsibil- 36 USC 1806. 
ities thereof shall be as provided in the articles of incorporation of the 
corporation and in conformity with the laws of the State or States in 
which it is incorporated. 
OFFICERS OF CORPORATION 
SEC. 7. The officers of the corporation, and the election of such 36 USC 1807. 
officers shall be as is provided in the articles of incorporation of the 
corporation and in conformity with the laws of the State or States 
wherein it is incorporated. 
RESTRICTIONS 
SEC. 8. (a) No part of the income or assets of the corporation shall 
36 USC 1808. 
inure to any member, officer, or director of the corporation or be 
distributed to any such person during the life of this charter. Nothing 
in this subsection shall be construed to prevent the payment of 
reasonable compensation to the officers of the corporation or reim-
bursement for actual necessary expenses in amounts approved by the 
board of directors. 
(b) The corporation shall not make any loan to any officer, director, 
or employee of the corporation. 
(c) The corporation and any officer and director of the corporation, 
acting as such officer or director, shall not contribute to, support or 
otherwise participate in any political activity or in any manner 
attempt to influence legislation. 
(d) The corporation shall have no power to issue any shares of stock 
nor to declare or pay any dividends. 
(e) The corporation shall not claim congressional approval or 
Federal Government authority for any of its activities. 
LIABILITY 
SEC. 9. The corporation shall be liable for the acts of its officers and 36 USC 1809. 
agents when acting within the scope of their authority. 
BOOKS A N D RECORDS; I N S P E C T I O N 
SEC. 10. The corporation shall keep correct and complete books and 36 USC 1810. 
records of account and shall keep minutes of any proceeding of the 
corporation involving any of its members, the board of directors, or 
any committee having authority under the board of directors. The 
corporation shall keep at its principal office a record of the names and 
addresses of all members having the right to vote. All books and 
records of such corporation may be inspected by any member having 
the right to vote, or by any agent or attorney of such member, for any 
proper purpose, at any reasonable time. Nothing in this section shall 
be construed to contravene any applicable State law. 
AUDIT OF FINANCIAL TRANSACTIONS 
SEC. 11. The first section of the Act entitled "An Act to provide for 
audit of accounts of private corporations established under Federal 
law", approved August 30, 1964 (36 U.S.C. 1101), is amended by 
adding at the end thereof the following: 
"(55) United States Submarine Veterans of World War II.". 
89-194 O—82 
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95 STAT. 1096 
PUBLIC LAW 97-83—NOV. 20, 1981 
ANNUAL REPORT 
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SEC. 12. The corporation shall report annually to the Congress 
concerning the activities of the corporation during the preceding 
fiscal year. Such annual report shall be submitted at the same time as 
in the report of the audit required by section 11 of this Act. The report 
shall not be printed as a public document. 
RESERVATION OF RIGHT TO AMEND OR REPEAL CHARTER 
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SEC. 13. The right to alter, amend, or repeal this Act is expressly 
reserved to the Congress. 
DEFINITION OF STATE 
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SEC. 14. For purposes of this Act, the term "State" includes the 
District of Columbia, the Commonwealth of Puerto Rico, and the 
territories and possessions of the United States. 
TAX EXEMPT STATUS 
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SEC. 15. The corporation shall maintain its status as an organiza-
tion exempt from taxation as provided in the Internal Revenue Code. 
If the corporation fails to maintain such status, the charter granted 
hereby shall expire. 
TERMINATION 
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SEC. 16. If the corporation shall fail to comply with any of the 
restrictions or provisions of this Act, the charter granted hereby shall 
expire. 
Approved November 20, 1981. 
LEGISLATIVE HISTORY—S. 195 (H.R. 4766): 
HOUSE REPORT No. 97-284 accompanying H.R. 4766 (eomm. on the Judiciary). 
SENATE REPORT No. 97-37 (eomm. on the Judiciary). 
eONGRESSIONAL REOORD, Vol. 127 (1981): 
Apr. 27, considered and peissed Senate. 
Oct. 26, H.R. 4766 considered and passed Houses proceedings vacated and S. 195, 
amended, passed in Ueu. 
Nov. 9, Senate concurred in House amendments.