§ 29-411.03Title 29
Demand.
A person shall not commence a derivative proceeding until: A demand in the form of a record has been delivered to the nonprofit corporation to take suitable action; and Ninety days have expired from the date the demand was effective unless: The person has earlier been notified that the demand has been rejected by the corporation; or Irreparable injury to the corporation would result by waiting for the expiration of the 90-day period.
Annotations
July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720
Sourced from the DC Council Open Law Library (public domain).
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