{"data":{"id":"us-dc/d.c.-code-29-407.05","jurisdiction":"us-dc","citation":"D.C. Code § 29-407.05","heading":"Effect of domestication.","body":"(a)\nWhen a domestication becomes effective:\n(1)\nThe title to all real and personal property, both tangible and intangible, of the domesticating corporation shall remain in the domesticated corporation without reversion or impairment;\n(2)\nThe liabilities of the domesticating corporation shall remain the liabilities of the domesticated corporation;\n(3)\nAn action or proceeding pending against the domesticating corporation shall continue against the domesticated corporation as if the domestication had not occurred;\n(4)\nThe articles of domestication, or the articles of incorporation attached to the articles of domestication, shall constitute the articles of incorporation of a foreign corporation domesticating in the District;\n(5)\nThe memberships in the domesticating corporation shall be reclassified into memberships, obligations, rights to acquire memberships, or cash or other property in accordance with the terms of the domestication, and the members shall be entitled only to the rights provided by those terms; and\n(6)\nThe domesticating corporation shall be deemed to be:\n(A)\nIncorporated under and subject to the organic law of the domesticated corporation for all purposes; and\n(B)\nThe same corporation without interruption as the domesticating corporation.\n\n(b)\nThe interest holder liability of a member in a foreign nonprofit corporation that is domesticated in the District shall be as follows:\n(1)\nThe domestication shall not discharge any interest holder liability under the laws of the foreign jurisdiction to the extent any such interest holder liability arose before the effective time of the articles of domestication.\n(2)\nThe member shall not have interest holder liability under the laws of the foreign jurisdiction for any debt, obligation, or liability of the corporation that arises after the effective time of the articles of domestication.\n(3)\nThe laws of the foreign jurisdiction shall continue to apply to the collection or discharge of any interest holder liability preserved by paragraph (1) of this subsection, as if the domestication had not occurred.\n(4)\nThe member has whatever rights of contribution from other members are provided by the laws of the foreign jurisdiction with respect to any interest holder liability preserved by paragraph (1) of this subsection, as if the domestication had not occurred.","path":["Title 29. Business Organizations. [Enacted title]","Chapter 4. Nonprofit Corporations.","Subchapter VII. Domestication."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/29-407.05","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"ea733b99adb9c162930dca192cbc28d64fd92c0e074472c4feb00846d63d7cde","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-29-407.04","next":"us-dc/d.c.-code-29-407.06"},"notice":"GroundRules: Original legal text. Not legal advice."}