GroundRules
← Search the law
District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 29-404.21: Termination and suspension.

Read at publisher ↗
Where this section sits in the code
  1. Title 29. Business Organizations. [Enacted title]
  2. Chapter 4. Nonprofit Corporations.
  3. Subchapter IV. Memberships and Financial Provisions.
  4. Part C. Resignation and Termination.

(a)

A membership in a membership corporation may be terminated or suspended for the reasons and in the manner provided in the articles of incorporation or bylaws.

(b)

A proceeding challenging a termination or suspension for any reason shall be commenced within one year after the effective date of the termination or suspension.

(c)

The termination or suspension of a member shall not relieve the member from any obligations incurred or commitments made prior to the termination or suspension.

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

Browse this collection