District of Columbia Statutes

§ 29-404.21 — Termination and suspension.

District of Columbia § 29-404.21
JurisdictionDistrict of Columbia
Title 29Business Organizations. [Enacted title]
Ch. 4Nonprofit Corporations.
Subch. IVMemberships and Financial Provisions.
Part CResignation and Termination.

This text of District of Columbia § 29-404.21 (Termination and suspension.) 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 § 29-404.21 (2026).

Text

(a)A membership in a membership corporation may be terminated or suspended for the reasons and in the manner provided in the articles of incorporation or bylaws.
(b)A proceeding challenging a termination or suspension for any reason shall be commenced within one year after the effective date of the termination or suspension.
(c)The termination or suspension of a member shall not relieve the member from any obligations incurred or commitments made prior to the termination or suspension.

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Legislative History

July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720

Nearby Sections

15
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Bluebook (online)
District of Columbia § 29-404.21, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/29-404.21.