District of Columbia Code
Chapter 3 - Business Corporations
Subchapter IV - Shares and Distributions

Part A - Shares

§ 29–304.01. Authorized shares - (a) The articles of incorporation shall set forth any classes...

§ 29–304.02. Terms of class or series determined by board of directors - (a) If the articles of incorporation so provide, the board...

§ 29–304.03. Issued and outstanding shares - (a) A corporation may issue the number of shares of...

§ 29–304.04. Fractional shares - (a) A corporation may: (1) Issue fractions of a share...

Part B - Issuance of Shares

§ 29–304.20. Subscription for shares before incorporation - (a) A subscription for shares entered into before incorporation shall...

§ 29–304.21. Issuance of shares - (a) The powers granted in this section to the board...

§ 29–304.22. Liability of shareholders - (a) A purchaser from a corporation of its own shares...

§ 29–304.23. Share dividends - (a) Unless the articles of incorporation provide otherwise, shares may...

§ 29–304.24. Share options - (a)(1) A corporation may issue rights, options, or warrants for...

§ 29–304.25. Form and content of certificates - (a) Shares may, but need not, be represented by certificates....

§ 29–304.26. Shares without certificates - (a) Unless the articles of incorporation or bylaws provide otherwise,...

§ 29–304.27. Restriction on transfer of shares and other securities - (a) The articles of incorporation, bylaws, an agreement among shareholders,...

§ 29–304.28. Expense of issue - A corporation may pay the expenses of selling or underwriting...

Part C - Subsequent Acquisition of Shares by Shareholders and Corporation

§ 29–304.40. Shareholders’ preemptive rights - (a) The shareholders of a corporation shall not have a...

§ 29–304.41. Corporation’s acquisition of its own shares - (a) A corporation may acquire its own shares and shares...

Part D - Distributions to Shareholders

§ 29–304.60. Distributions to shareholders - (a) A board of directors may authorize, and the corporation...