GroundRules
D.C. Code § 29-406.01: Requirement for and functions of board of directors.
Where this section sits in the code
- Title 29. Business Organizations. [Enacted title]
- Chapter 4. Nonprofit Corporations.
- Subchapter VI. Directors, Officers, and Employees.
- Part A. Board of Directors.
(a)
A nonprofit corporation shall have a board of directors.
(b)
Except as otherwise provided in § 29-406.12, all corporate powers shall be exercised by or under the authority of the board of directors of the nonprofit corporation, and the activities and affairs of the corporation shall be managed by or under the direction, and subject to the oversight, of its board of directors.
Collected 2026-08-29T05:44:07Z. Source file · JSON