{"data":{"id":"us-dc/d.c.-code-29-1011.02","jurisdiction":"us-dc","citation":"D.C. Code § 29-1011.02","heading":"Effect of dissociation as member.","body":"(a)\nUpon a member’s dissociation:\n(1)\nThe person’s right to participate as a member in the management and conduct of the association’s activities and affairs terminates; and\n(2)\nSubject to § 29-1011.03, subchapter XV of this chapter, and Chapter 2 of this title, any financial rights owned by the person in the person’s capacity as a member are owned by the person as a transferee.\n\n(b)\nA person’s dissociation as a member shall not of itself discharge the person from any debt, obligation, or other liability to the limited cooperative association or to the members which the person incurred while a member.","path":["Title 29. Business Organizations. [Enacted title]","Chapter 10. Limited Cooperative Associations.","Subchapter XI. Dissociation."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/29-1011.02","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"4d5ac4db60bbae0e5bedcedc5432601f2fb8070d515fd3c84aafd6b210f69e34","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-29-1011.01","next":"us-dc/d.c.-code-29-1011.03"},"notice":"GroundRules: Original legal text. Not legal advice."}