Eligibility and admission to membership.
Any individual, association, corporation, incorporated or unincorporated group organized on a cooperative basis, any nonprofit group, or other entity shall be eligible for membership in an association if it has met the qualifications for eligibility, if any, stated in the articles or bylaws and shall be deemed a member upon payment in full for the par value of the minimum amount of share or membership capital stated in the articles as necessary to qualify for membership.
Annotations
July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720 1973 Ed., § 29-823. 1981 Ed., § 29-1123. 2001 Ed., § 29-923. This section is referenced in § 29-902.
Sourced from the DC Council Open Law Library (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.