The organic rules shall establish the amount, manner, or method of determining any contribution requirements for members or shall authorize the board of directors to establish the amount, manner, or other method of determining any contribution requirements for members.
(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 § 1001 of the Uniform Limited Cooperative Association Act.
Structure District of Columbia Code
Title 29 - Business Organizations. [Enacted title]
Chapter 10 - Limited Cooperative Associations
Subchapter X - Contributions, Allocations, and Distributions
§ 29–1010.01. Members’ contributions
§ 29–1010.02. Contribution and valuation
§ 29–1010.03. Contribution agreements
§ 29–1010.04. Allocations of profits and losses
§ 29–1010.06. Redemption or repurchase
§ 29–1010.07. Limitations on distributions
§ 29–1010.08. Liability for improper distributions; limitation of action