{"data":{"id":"us-dc/d.c.-code-29-305.23","jurisdiction":"us-dc","citation":"D.C. Code § 29-305.23","heading":"Shares held by nominees.","body":"(a)\nA corporation may establish a procedure by which the beneficial owner of shares that are registered in the name of a nominee is recognized by the corporation as the shareholder. The extent of this recognition may be determined in the procedure.\n\n(b)\nThe procedure may set forth:\n(1)\nThe types of nominees to which it applies;\n(2)\nThe rights or privileges that the corporation recognizes in a beneficial owner;\n(3)\nThe manner in which the procedure is selected by the nominee;\n(4)\nThe information that must be provided when the procedure is selected;\n(5)\nThe period for which selection of the procedure is effective; and\n(6)\nOther aspects of the rights and duties created.","path":["Title 29. Business Organizations. [Enacted title]","Chapter 3. Business Corporations.","Subchapter V. Shareholders.","Part B. Voting."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/29-305.23","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"c7aac71e1b907e60b7ec8ac35d429759f676bb7335ff5fd5f84c85b9a83c64cd","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-29-305.22","next":"us-dc/d.c.-code-29-305.24"},"notice":"GroundRules: Original legal text. Not legal advice."}