District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 29-1006.02: Patron and investor members’ interests.

Where this section sits in the code

Title 29. Business Organizations. [Enacted title]
Chapter 10. Limited Cooperative Associations.
Subchapter VI. Member’s Interest in Limited Cooperative Association.

(a)

Unless the organic rules establish investor members’ interests, a member’s interest shall be a patron member’s interest.

(b)

Unless the organic rules otherwise provide, if a limited cooperative association has investor members, while a person is a member of the association, the person, if admitted as:

(1)

A patron member, shall remain a patron member;

(2)

An investor member, shall remain an investor member; and

(3)

A patron member and investor member, shall remain a patron and investor member if not dissociated in one of the capacities.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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