District of Columbia § 29-1301.03 Applicability; construction.

District of Columbia Statutes

§ 29-1301.03 — Applicability; construction.

District of Columbia § 29-1301.03

Title 29Business Organizations. [Enacted title]

Ch. 13Benefit Corporations.

Subch. IPreliminary Provisions.

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Bluebook

D.C. Code § 29-1301.03 (2026).

Text

(a)This chapter shall be applicable to all benefit corporations.

(b)This chapter shall not affect a statute or rule of law that is applicable to a business corporation that is not a benefit corporation, and shall not in and of itself create an implication that a contrary or different rule is applicable to a business corporation and not a benefit corporation.

(c)Except as otherwise provided in this chapter, Chapters 1, 2, and 3 of this title shall apply to a benefit corporation organized under this chapter. A benefit corporation may simultaneously be subject to this chapter and one or more other chapters of this title.

(d)A provision of the articles of incorporation or bylaws of a benefit corporation may not relax, be inconsistent with, or supersede a provision of this chapter.

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(a) This chapter shall be applicable to all benefit corporations.

(b) This chapter shall not affect a statute or rule of law that is applicable to a business corporation that is not a benefit corporation, and shall not in and of itself create an implication that a contrary or different rule is applicable to a business corporation and not a benefit corporation.

(c) Except as otherwise provided in this chapter, Chapters 1, 2, and 3 of this title shall apply to a benefit corporation organized under this chapter. A benefit corporation may simultaneously be subject to this chapter and one or more other chapters of this title.

(d) A provision of the articles of incorporation or bylaws of a benefit corporation may not relax, be inconsistent with, or supersede a provision of this chapter.