District of Columbia Statutes
§ 29-922 — Limitations upon the return on capital.
District of Columbia § 29-922
JurisdictionDistrict of Columbia
Title 29Business Organizations. [Enacted title]
Ch. 9General Cooperative Associations.
This text of District of Columbia § 29-922 (Limitations upon the return on capital.) 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 § 29-922 (2026).
Text
(a)The return upon capital shall not exceed 6% per annum upon the paid-up capital and shall be noncumulative.
(b)Total return upon capital distributed for any single period shall not exceed 50% of the net savings for that period.
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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 § 29-922, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/29-922.