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

D.C. Code § 29-1008.17: Committees.

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Where this section sits in the code
  1. Title 29. Business Organizations. [Enacted title]
  2. Chapter 10. Limited Cooperative Associations.
  3. Subchapter VIII. Directors and Officers.

(a)

Unless the organic rules otherwise provide, a board of directors may create one or more committees and appoint one or more individuals to serve on a committee.

(b)

Unless the organic rules otherwise provide, an individual appointed to serve on a committee of a limited cooperative association need not be a director or member.

(c)

An individual who is not a director and is serving on a committee shall have the same rights, duties, and obligations as a director serving on the committee.

(d)

Unless the organic rules otherwise provide each committee of a limited cooperative association may exercise the powers delegated to it by the board of directors, but a committee shall not:

(1)

Approve allocations or distributions except according to a formula or method prescribed by the board of directors;

(2)

Approve or propose to members action requiring approval of members; or

(3)

Fill vacancies on the board of directors or any of its committees.

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

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