Member’s interest
Known as the Uniform Limited Cooperative Association Act
The act spans §§ 29–29 (119 sections).
July 2, 2011, D.C
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.
Official source: D.C. Law Library (Council of the District of Columbia). Reproduced from public-domain District of Columbia statutes; confirm against the official source for the current text. Not legal advice.