The persons referred to in § 26-1301 shall, under their hands and seals, execute before some officer in said District competent to take the acknowledgment of deeds, an organization certificate, which shall specifically state:
(1) The name of the corporation;
(2) The purposes for which it is formed;
(3) The term for which it is to exist, which shall not exceed the term of 50 years, and be subject to alteration, amendment, or repeal by Congress at any time;
(4) The number of its directors and the names and residences of the officers who for the first year are to manage the affairs of the company; and
(5) The amount of its capital stock and its subdivision into shares.
(Mar. 3, 1901, 31 Stat. 1303, ch. 854, § 716; Apr. 9, 1997, D.C. Law 11-255, § 24(b), 44 DCR 1271.)
1981 Ed., § 26-404.
1973 Ed., § 26-304.
Structure District of Columbia Code
Title 26 - Banks and Other Financial Institutions
Chapter 13 - Trust, Loan, Mortgage, Safe Deposit and Title Corporations
§ 26–1301. Manner of formation; purposes
§ 26–1304. Organization certificate; execution; contents
§ 26–1305. Charter of incorporation — Power of Council to grant or refuse
§ 26–1306. Charter of incorporation — Notice of application
§ 26–1309. Powers of companies; liability as trustee
§ 26–1310. Appointment as fiduciary
§ 26–1311.01. Automatic substitution of fiduciaries
§ 26–1312. Stock, property, and liability to be security when fiduciary
§ 26–1313. Existing companies; certificate of intention to comply with provisions
§ 26–1314. Real property held and conveyed by companies
§ 26–1315. Duration of charter
§ 26–1317. Capital stock — Calls; sale on failure to pay money subscribed
§ 26–1318. Annual reports — Publication; contents; verification
§ 26–1319. Annual reports — Liability of directors or trustees
§ 26–1320. Wilful false swearing; misappropriation
§ 26–1321. Stock deemed personal estate; transfer; contents of certificates
§ 26–1322. Liability of stockholders
§ 26–1323. Payment of stock to be in money only; exception
§ 26–1324. Election of, and management of company by, directors or trustees
§ 26–1325. Officers; security authorized
§ 26–1326. Power to make bylaws; purposes thereof
§ 26–1327. Liability of directors or trustees on declaration of dividends — Conditions
§ 26–1328. Liability of directors or trustees on declaration of dividends — Exemption
§ 26–1329. Directors or trustees personally liable when liabilities exceed assets
§ 26–1330. Fiduciary not liable as stockholder; liability of estate and funds
§ 26–1331. Increase or decrease of capital stock
§ 26–1332. Copy of certificate as evidence
§ 26–1333. Security required for performance of fiduciary duties; liability thereon
§ 26–1334. Powers of probate court
§ 26–1335. Compliance required of foreign corporations or companies
§ 26–1336. Right of Congress to amend or repeal chapter; remedies preserved