(a) A limited liability company is an entity distinct from its member or members.
(b) A limited liability company may have any lawful purpose, regardless of whether for profit.
(c) A limited liability company shall have perpetual duration.
D.C. Code § 29-801.04
Nature, purpose, and duration of limited liability company
Known as the Uniform Limited Liability Company Act
The act spans §§ 29–29 (61 sections).
July 2, 2011, D.C
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.