(a) A member shall not have a fiduciary duty to an unincorporated nonprofit association or to another member solely by being a member.
(b) A member shall discharge the duties to the unincorporated nonprofit association and the other members and exercise any rights under this chapter consistent with the governing principles and the obligation of good faith and fair dealing.
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)
This section is referenced in § 29-1123.
Uniform Law: This section is based on § 18 of the Uniform Unincorporated Nonprofit Association Act (2008 Act).
Structure District of Columbia Code
Title 29 - Business Organizations. [Enacted title]
Chapter 11 - Unincorporated Nonprofit Associations
§ 29–1103. Relation to other law
§ 29–1105. Legal entity; duration; powers
§ 29–1106. Ownership and transfer of property
§ 29–1107. Statement of authority as to real property
§ 29–1109. Assertion and defense of claims
§ 29–1110. Effect of judgment or order
§ 29–1111. Member has no agency power
§ 29–1112. Approval by members
§ 29–1113. Procedural requirements for member meetings
§ 29–1115. Admission, suspension, dismissal, or expulsion of member
§ 29–1116. Member’s resignation
§ 29–1117. Membership interest not transferable
§ 29–1118. Selection of managers; management rights of managers
§ 29–1120. Procedural requirements for manager meetings
§ 29–1121. Right of members and managers to information
§ 29–1122. Distributions prohibited; compensation and other permitted payments
§ 29–1123. Reimbursement; indemnification; advancement of expenses