District of Columbia Statutes
§ 29-1122 — Distributions prohibited; compensation and other permitted payments.
District of Columbia § 29-1122
JurisdictionDistrict of Columbia
Title 29Business Organizations. [Enacted title]
Ch. 11Unincorporated Nonprofit Associations.
This text of District of Columbia § 29-1122 (Distributions prohibited; compensation and other permitted payments.) 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 § 29-1122 (2026).
Text
(a)Except as otherwise provided in subsection (b) of this section, an unincorporated nonprofit association shall not pay dividends or make distributions to a member or manager.
(b)An unincorporated nonprofit association may:
(1)Pay reasonable compensation or reimburse reasonable expenses to a member or manager for services rendered;
(2)Confer benefits on a member or manager in conformity with its nonprofit purposes;
(3)Repurchase a membership and repay a capital contributions made by a member to the extent authorized by its governing principles; or
(4)Make distributions of property to members upon winding up and termination to the extent permitted by § 29-1125 .
Free access — add to your briefcase to read the full text and ask questions with AI
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 § 29-1122, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/29-1122.