(a) Unless the organic rules otherwise provide, a board of directors may create one or more committees and appoint one or more individuals to serve on a committee.
(b) Unless the organic rules otherwise provide, an individual appointed to serve on a committee of a limited cooperative association need not be a director or member.
(c) An individual who is not a director and is serving on a committee shall have the same rights, duties, and obligations as a director serving on the committee.
(d) Unless the organic rules otherwise provide each committee of a limited cooperative association may exercise the powers delegated to it by the board of directors, but a committee shall not:
(1) Approve allocations or distributions except according to a formula or method prescribed by the board of directors;
(2) Approve or propose to members action requiring approval of members; or
(3) Fill vacancies on the board of directors or any of its committees.
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)
This section is referenced in § 29-1001.09, § 29-1008.10, and § 29-1008.21.
Uniform Law: This section is based on § 817 of the Uniform Limited Cooperative Association Act. Edition
Structure District of Columbia Code
Title 29 - Business Organizations. [Enacted title]
Chapter 10 - Limited Cooperative Associations
Subchapter VIII - Directors and Officers
§ 29–1008.01. Board of directors
§ 29–1008.02. No liability as director for limited cooperative association’s obligations
§ 29–1008.03. Qualifications of directors
§ 29–1008.04. Election of directors and composition of board
§ 29–1008.05. Term of director
§ 29–1008.06. Resignation of director
§ 29–1008.07. Removal of director
§ 29–1008.08. Suspension of director by board
§ 29–1008.09. Vacancy on board
§ 29–1008.10. Remuneration of directors
§ 29–1008.12. Action without meeting
§ 29–1008.13. Meetings and notice
§ 29–1008.14. Waiver of notice of meeting
§ 29–1008.18. Standards of conduct and liability
§ 29–1008.19. Conflict of interest
§ 29–1008.20. Other considerations of directors
§ 29–1008.21. Right of director or committee member to information