{"data":{"id":"us-dc/d.c.-code-29-801.04","jurisdiction":"us-dc","citation":"D.C. Code § 29-801.04","heading":"Nature, purpose, and duration of limited liability company.","body":"(a)\nA limited liability company is an entity distinct from its member or members.\n\n(b)\nA limited liability company may have any lawful purpose, regardless of whether for profit.\n\n(c)\nA limited liability company shall have perpetual duration.","path":["Title 29. Business Organizations. [Enacted title]","Chapter 8. Limited Liability Companies.","Subchapter I. General Provisions."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/29-801.04","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"943bc208a0cbd344fe70b874bae65b52f7931cb2c8fc55734bed43056559645d","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-29-801.03","next":"us-dc/d.c.-code-29-801.05"},"notice":"GroundRules: Original legal text. Not legal advice."}