A director or a member of a committee appointed under § 29-1008.17 may obtain, inspect, and copy all information regarding the state of activities and financial condition of the limited cooperative association and other information regarding the activities of the association if the information is reasonably related to the performance of the director’s duties as director or the committee member’s duties as a member of the committee. Information obtained in accordance with this section shall not be used in any manner that would violate any duty of or to the association.
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)
Uniform Law: This section is based on § 821 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