Termination and suspension

  1. Law
  2. District of Columbia Code
  3. Business Organizations. [Enacted title]
  4. Nonprofit Corporations
  5. Memberships and Financial Provisions
  6. Resignation and Termination
  7. Termination and suspension

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(a) A membership in a membership corporation may be terminated or suspended for the reasons and in the manner provided in the articles of incorporation or bylaws.

(b) A proceeding challenging a termination or suspension for any reason shall be commenced within one year after the effective date of the termination or suspension.

(c) The termination or suspension of a member shall not relieve the member from any obligations incurred or commitments made prior to the termination or suspension.

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

Section References

This section is referenced in § 29-408.22.


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