A majority of the organizers or initial directors of a limited cooperative association that has not yet begun business activity or the conduct of its affairs may dissolve the association.
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)
This section is referenced in § 29-1012.02 and § 29-1012.05.
Uniform Law: This section is based on § 1204 of the Uniform Limited Cooperative Association Act.
Structure District of Columbia Code
Title 29 - Business Organizations. [Enacted title]
Chapter 10 - Limited Cooperative Associations
§ 29–1012.01. Dissolution and winding up
§ 29–1012.02. Nonjudicial dissolution
§ 29–1012.03. Judicial dissolution
§ 29–1012.04. Voluntary dissolution before commencement of activity
§ 29–1012.05. Voluntary dissolution by the board and members
§ 29–1012.07. Distribution of assets in winding up limited cooperative association
§ 29–1012.08. Known claims against dissolved limited cooperative association
§ 29–1012.09. Other claims against dissolved limited cooperative association
§ 29–1012.10. Court proceedings
§ 29–1012.11. Statement of dissolution