District of Columbia Statutes
§ 29-1010.06 — Redemption or repurchase.
District of Columbia § 29-1010.06
JurisdictionDistrict of Columbia
Title 29Business Organizations. [Enacted title]
Ch. 10Limited Cooperative Associations.
Subch. XContributions, Allocations, and Distributions.
This text of District of Columbia § 29-1010.06 (Redemption or repurchase.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
D.C. Code § 29-1010.06 (2026).
Text
Property distributed to a member by a limited cooperative association, other than money, maybe redeemed or repurchased as provided in the organic rules, but a redemption or repurchase shall not be made without authorization by the board of directors. The board may withhold authorization for any reason in its sole discretion. A redemption or repurchase shall be treated as a distribution for purposes of § 29-1010.07 .
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Legislative History
July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720
Nearby Sections
15
§ 29-1001.01
Short title.§ 29-1001.02
Definitions.§ 29-1001.03
Nature of limited cooperative association.§ 29-1001.05
Powers.§ 29-1001.06
Governing law.§ 29-1001.07
Requirements of other laws.§ 29-1001.09
Effect of organic rules.§ 29-1001.10
Required information.§ 29-1001.12
Dual capacity.Cite This Page — Counsel Stack
Bluebook (online)
District of Columbia § 29-1010.06, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/29-1010.06.