Source: https://code.dccouncil.us/dc/council/code/sections/29-1122.html
Timestamp: 2019-04-25 18:07:51+00:00

Document:
D.C. Law Library - § 29–1122. Distributions prohibited; compensation and other permitted payments.
↪ § 29–1122. Distributions prohibited; compensation and other permitted payments.
§ 29–1121. Right of members and managers to information.
§ 29–1122. Distributions prohibited; compensation and other permitted payments.
(a) Except as otherwise provided in subsection (b) of this section, an unincorporated nonprofit association shall not pay dividends or make distributions to a member or manager.
(4) Make distributions of property to members upon winding up and termination to the extent permitted by § 29-1125.
Uniform Law: This section is based on § 26 of the Uniform Unincorporated Nonprofit Association Act (2008 Act).

References: § 29
 § 29

§ 29

§ 29
 § 29
 § 26