District of Columbia § 29-1008.05 Term of director.

District of Columbia Statutes

§ 29-1008.05 — Term of director.

District of Columbia § 29-1008.05

Title 29Business Organizations. [Enacted title]

Ch. 10Limited Cooperative Associations.

Subch. VIIIDirectors and Officers.

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Bluebook

D.C. Code § 29-1008.05 (2026).

Text

(a)Unless the organic rules otherwise provide, and subject to subsections (c) and (d) and § 29-1003.03(c) , the term of a director shall expire at the annual members meeting following the director’s election or appointment. The term of a director shall not exceed 3 years.

(b)Unless the organic rules otherwise provide, a director may be reelected.

(c)Except as otherwise provided in subsection (d) of this section, a director shall continue to serve until a successor director is elected or appointed and qualifies or the director is removed, resigns, is adjudged incompetent, or dies.

(d)Unless the organic rules otherwise provide, a director shall not serve the remainder of the director’s term if the director ceases to qualify to be a director.

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(a) Unless the organic rules otherwise provide, and subject to subsections (c) and (d) and § 29-1003.03(c) , the term of a director shall expire at the annual members meeting following the director’s election or appointment. The term of a director shall not exceed 3 years.

(b) Unless the organic rules otherwise provide, a director may be reelected.

(c) Except as otherwise provided in subsection (d) of this section, a director shall continue to serve until a successor director is elected or appointed and qualifies or the director is removed, resigns, is adjudged incompetent, or dies.

(d) Unless the organic rules otherwise provide, a director shall not serve the remainder of the director’s term if the director ceases to qualify to be a director.