§ 29-404.22Title 29
Purchase of memberships.
Except as otherwise provided in the articles of incorporation or bylaws, a membership corporation that is not a charitable corporation shall not purchase any of its memberships or any right arising therefrom.
Annotations
July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720 This section is referenced in § 29-404.40, § 29-404.41, and § 29-408.22.
Sourced from the DC Council Open Law Library (public domain).
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