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

D.C. Code § 29-404.22: Purchase of memberships.

Where this section sits in the code

Title 29. Business Organizations. [Enacted title]
Chapter 4. Nonprofit Corporations.
Subchapter IV. Memberships and Financial Provisions.
Part C. Resignation and Termination.

Except as otherwise provided in the articles of incorporation or bylaws, a membership corporation that is not a charitable corporation shall not purchase any of its memberships or any right arising therefrom.

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

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