Member’s interest

  1. Law
  2. District of Columbia Code
  3. Business Organizations. [Enacted title]
  4. Limited Cooperative Associations
  5. Member’s Interest in Limited Cooperative Association
  6. Member’s interest

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A member’s interest shall:

(1) Be personal property;

(2) Consist of:

(A) Governance interests;

(B) Financial rights; and

(C) The right or obligation, if any, to do business with the limited cooperative association; and

(3) May be in certificated or uncertificated form.

(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)

Section References

This section is referenced in § 29-1001.02.

Editor's Notes

Uniform Law: This section is based on § 601 of the Uniform Limited Cooperative Association Act.


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