An association shall have the capacity to act possessed by individuals and the authority to do anything required or permitted by this chapter. In addition, an association has the power to:
(1) Continue as a corporation for the time specified in its articles;
(2) Have a corporate seal and to alter the same at pleasure;
(3) Sue and be sued in its corporate name;
(4) Make bylaws for the government and regulation of its affairs;
(5) Acquire, own, hold, sell, lease, pledge, mortgage, or otherwise dispose of any property incident to its purposes and activities and affairs;
(6)(A) Own and hold:
(i) Membership in, and share capital, of other associations and any other corporations;
(ii) Any types of bonds or other obligations; and
(B) While the owner of the items set forth in subparagraph (A) of this paragraph, to exercise all the rights of ownership;
(7) Borrow money, contract debts, and make contracts, including agreements of mutual aid or federation with other associations, other groups organized on a cooperative basis, and other nonprofit groups;
(8) Conduct its affairs within or without the District;
(9) Exercise, in addition, any power granted to ordinary business corporations, except those powers inconsistent with this chapter; and
(10) Exercise all powers not inconsistent with this chapter which may be necessary, convenient, or expedient for the accomplishment of its purposes.
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720; Mar. 5, 2013, D.C. Law 19-210, § 2(i)(2), 59 DCR 13171.)
Prior Codifications2001 Ed., § 29-904.
1981 Ed., § 29-1104.
1973 Ed., § 29-804.
Section ReferencesThis section is referenced in § 29-902.
Effect of AmendmentsThe 2013 amendment by D.C. Law 19-210 substituted “activities and affairs” for “activities” in (5).
Editor's NotesApplication of Law 19-210: Section 7 of D.C. Law 19-210 provided that the act shall apply as of January 1, 2012.