District of Columbia Statutes
§ 29-404.22 — Purchase of memberships.
District of Columbia § 29-404.22
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 § 29-404.22 (Purchase of memberships.) 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 § 29-404.22 (2026).
Text
Except as otherwise provided in the articles of incorporation or bylaws, a membership corporation that is not a charitable corporation shall not purchase any of its memberships or any right arising therefrom.
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Legislative History
July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720
Nearby Sections
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§ 29-1001.01
Short title.§ 29-1001.02
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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 § 29-404.22, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/29-404.22.