Subject to §§ 29-1008.18 and 29-1008.19 and except as otherwise provided in the organic rules or a specific contract relating to a transaction, a member may lend money to and do other business with a limited cooperative association in the same manner as a person that is not a member.
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)
This section is referenced in § 29-1001.09.
Uniform Law: This section is based on § 115 of the Uniform Limited Cooperative Association Act.
Structure District of Columbia Code
Title 29 - Business Organizations. [Enacted title]
Chapter 10 - Limited Cooperative Associations
Subchapter I - General Provisions
§ 29–1001.03. Nature of limited cooperative association
§ 29–1001.04. Purpose and duration of limited cooperative association
§ 29–1001.07. Requirements of other laws
§ 29–1001.08. Relation to restraint of trade and antitrust laws
§ 29–1001.09. Effect of organic rules
§ 29–1001.10. Required information
§ 29–1001.11. Business transactions of member with limited cooperative association
§ 29–1001.13. Approval of entity transaction by limited cooperative association