{"data":{"id":"us-dc/d.c.-code-29-1010.06","jurisdiction":"us-dc","citation":"D.C. Code § 29-1010.06","heading":"Redemption or repurchase.","body":"Property distributed to a member by a limited cooperative association, other than money, maybe redeemed or repurchased as provided in the organic rules, but a redemption or repurchase shall not be made without authorization by the board of directors. The board may withhold authorization for any reason in its sole discretion. A redemption or repurchase shall be treated as a distribution for purposes of § 29-1010.07.","path":["Title 29. Business Organizations. [Enacted title]","Chapter 10. Limited Cooperative Associations.","Subchapter X. Contributions, Allocations, and Distributions."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/29-1010.06","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"ced536c9065b086065c4cea8d22570a37b6249515ef9a5d37d89d1a8c52f679d","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-29-1010.05","next":"us-dc/d.c.-code-29-1010.07"},"notice":"GroundRules: Original legal text. Not legal advice."}
