(a) A nonprofit corporation shall have a board of directors.
(b) Except as otherwise provided in § 29-406.12, all corporate powers shall be exercised by or under the authority of the board of directors of the nonprofit corporation, and the activities and affairs of the corporation shall be managed by or under the direction, and subject to the oversight, of its board of directors.
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)
This section is referenced in § 29-406.25.
Structure District of Columbia Code
Title 29 - Business Organizations. [Enacted title]
Chapter 4 - Nonprofit Corporations
Subchapter VI - Directors, Officers, and Employees
§ 29–406.01. Requirement for and functions of board of directors
§ 29–406.02. Qualifications of directors
§ 29–406.03. Number of directors
§ 29–406.04. Selection of directors
§ 29–406.05. Terms of directors generally
§ 29–406.06. Staggered terms for directors
§ 29–406.07. Resignation of directors
§ 29–406.08. Removal of directors by members or other persons
§ 29–406.09. Removal of directors by judicial proceeding