reglab/housing_qa huggingface dataset:
DC Code § 29-1015.02 (2021)
2021 District of Columbia Code|Title 29 - Business Organizations. [Enacted title]|Chapter 10 - Limited Cooperative Associations|Subchapter XV - Merger|§ 29-1015.02. Merger

(a) One or more constituent limited cooperative associations may merge with one or more other constituent associations pursuant to this subchapter and a plan of merger. If any of the constituent associations is a foreign cooperative association, the law of the jurisdiction in which it was formed shall authorize the merger. (b) A plan of merger shall be in a record and shall include: (1) The name and jurisdiction of organization of each constituent limited cooperative association; (2) The name and jurisdiction of organization of the surviving limited cooperative association; (3) The terms and conditions of the merger, including the manner and basis for converting the interests in each constituent association into any combination of money, interests in any entity, and other consideration; (4) If the surviving association is to be created by the merger, the surviving association’s organic rules; and (5) If the surviving association is not to be created by the merger, any amendments to be made by the merger to the surviving association’s organic rules.  (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)  Editor's Notes Uniform Law: This section is based on § 1606 of the Uniform Limited Cooperative Association Act.
DC Code § 29-1015.03 (2021)
2021 District of Columbia Code|Title 29 - Business Organizations. [Enacted title]|Chapter 10 - Limited Cooperative Associations|Subchapter XV - Merger|§ 29-1015.03. Notice and action on plan of merger

(a) For a limited cooperative association to merge with another constituent limited cooperative association, a plan of merger shall be approved by a majority vote of the board of directors or a greater percentage if required by the association’s organic rules. (b) The board of directors shall call a members meeting to consider a plan of merger approved by the board, hold the meeting not later than 90 days after approval of the plan by the board, and mail or otherwise transmit or deliver in a record to each member: (1) The plan of merger, or a summary of the plan and a statement of the manner in which a copy of the plan in a record may be reasonably obtained by a member; (2) A recommendation that the members approve the plan of merger or, if the board determines that because of conflict of interest or other special circumstances, it should not make a favorable recommendation, the basis for that determination; (3) A statement of any condition of the board’s submission of the plan of merger to the members; and (4) Notice of the meeting at which the plan of merger will be considered, which shall be given in the same manner as notice of a special meeting of members.  (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)  Section References This section is referenced in § 29-1001.09 and § 29-1015.04. Editor's Notes Uniform Law: This section is based on § 1607 of the Uniform Limited Cooperative Association Act.
DC Code § 29-1015.04 (2021)
2021 District of Columbia Code|Title 29 - Business Organizations. [Enacted title]|Chapter 10 - Limited Cooperative Associations|Subchapter XV - Merger|§ 29-1015.04. Approval or abandonment of merger by members

(a) Subject to subsections (b) and (c) of this section, a plan of merger shall be approved by: (1) At least 2/3 of the voting power of members present at a members meeting called under § 29-1015.03(b); and (2) If the limited cooperative association has investor members, at least a majority of the votes cast by patron members, unless the organic rules require a greater percentage vote by patron members. (b) The organic rules may provide that the percentage of votes under subsection (a)(1) of this section shall be: (1) A different percentage that is not less than a majority of members voting at the meeting; (2) Measured against the voting power of all members; or (3) A combination of paragraphs (1) and (2) of this subsection. (c) The vote required to approve a plan of merger shall not be less than the vote required for the members of the limited cooperative association to amend the articles of organization. (d) Consent in a record to a plan of merger by a member shall be delivered to the limited cooperative association before delivery of articles of merger for filing pursuant to § 29-1015.05 if as a result of the merger the member will have an obligation or liability for an additional contribution. (e) Subject to subsection (d) of this section and any contractual rights, after a merger is approved, and at any time before the effective date of the merger, a limited cooperative association that is a party to the merger may approve an amendment to the plan of merger or approve abandonment of the planned merger: (1) As provided in the plan; and (2) Except as prohibited by the plan, with the same affirmative vote of the board of directors and of the members as was required to approve the plan. (f) The voting requirements for districts, classes, or voting groups under § 29-1004.04 shall apply to approval of a merger under this subchapter.  (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)  Section References This section is referenced in § 29-1001.09. Editor's Notes Uniform Law: This section is based on § 1608 of the Uniform Limited Cooperative Association Act.
DC Code § 29-1015.05 (2021)
2021 District of Columbia Code|Title 29 - Business Organizations. [Enacted title]|Chapter 10 - Limited Cooperative Associations|Subchapter XV - Merger|§ 29-1015.05. Filings required for merger; effective date

(a) After each constituent limited cooperative association has approved a merger, articles of merger shall be signed on behalf of each constituent association by an authorized representative. (b) The articles of merger shall include: (1) The name of each constituent limited cooperative association and the jurisdiction under the laws of which it is organized; (2) The name of the surviving limited cooperative association, the jurisdiction under the laws of which it is organized, and, if the surviving association is created by the merger, a statement to that effect; (3) The date the merger is to be effective; (4) If the surviving association is to be created by the merger and will be a domestic limited cooperative association, the limited cooperative association’s articles of organization; (5) If the surviving association is not created by the merger and is a domestic limited cooperative association, any amendments provided for in the plan of merger to its articles of organization; (6) A statement as to each constituent association that the merger was approved as required by its organic law; (7) If the surviving association is a foreign cooperative not authorized to do business in the District, the street address and, if different, mailing address of an office which the Mayor may use for the purposes of § 29-104.12; and (8) Any additional information required by the organic law of any constituent association. (c) Each limited cooperative association that is a party to a merger shall deliver the articles of merger to the Mayor for filing. (d) A merger shall be effective under this subchapter upon the later of: (1) Compliance with subsection (c) of this section; or (2) Subject to § 29-102.03, as specified in the articles of merger.  (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)  Section References This section is referenced in § 29-1015.04. Editor's Notes Uniform Law: This section is based on § 1609 of the Uniform Limited Cooperative Association Act.
DC Code § 29-1015.06 (2021)
2021 District of Columbia Code|Title 29 - Business Organizations. [Enacted title]|Chapter 10 - Limited Cooperative Associations|Subchapter XV - Merger|§ 29-1015.06. Effect of merger

(a) When a merger becomes effective: (1) The surviving limited cooperative association shall continue or come into existence; (2) Each constituent limited cooperative association that merges into the surviving association shall cease to exist as a separate entity; (3) All property owned by each constituent association that ceases to exist shall vest in the surviving association; (4) All debts, liabilities, and other obligations of each constituent association that ceases to exist shall continue as obligations of the surviving association; (5) An action or proceeding pending by or against any constituent association that ceases to exist may be continued as if the merger had not occurred; (6) Except as prohibited by law other than this chapter, all rights, privileges, immunities, powers, and purposes of each constituent association that ceases to exist shall vest in the surviving association; (7) Except as otherwise provided in the plan of merger, the terms and conditions of the plan shall take effect; (8) Except as otherwise provided in the plan of merger, if a merging limited cooperative association ceases to exist, the merger shall not dissolve the association for purposes of subchapter XII of this chapter; (9) If the surviving association is created by the merger, the articles of organization shall become effective; and (10) If the surviving association is not created by the merger, any amendments made by the articles of merger for the articles of organization of the surviving association shall become effective. (b) A surviving limited cooperative association that is organized under the laws of a jurisdiction other than the District consents to the jurisdiction of the Superior Court to enforce any obligation owed by a constituent limited cooperative association if, before the merger, the constituent association was subject to suit in the District on the obligation. A surviving association that is organized under the laws of a jurisdiction other than the District and not authorized to do business in the District may be served with process in the same manner and with the same consequences as in § 29-104.12. (c) A merger in which a limited cooperative and another form of entity are parties shall be governed by Chapter 2 of this title.  (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)  Editor's Notes Uniform Law: This section is based on § 1610 of the Uniform Limited Cooperative Association Act.
DC Code § 29-1015.07 (2021)
2021 District of Columbia Code|Title 29 - Business Organizations. [Enacted title]|Chapter 10 - Limited Cooperative Associations|Subchapter XV - Merger|§ 29-1015.07. Consolidation

(a) Constituent limited cooperative associations may agree to call a merger a consolidation under this subchapter. (b) All provisions governing mergers or using the term merger in this chapter shall apply equally to mergers that the constituent associations choose to call consolidations under subsection (a) of his [sic] section.  (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)  Editor's Notes Uniform Law: This section is based on § 1611 of the Uniform Limited Cooperative Association Act.
DC Code § 29-1015.08 (2021)
2021 District of Columbia Code|Title 29 - Business Organizations. [Enacted title]|Chapter 10 - Limited Cooperative Associations|Subchapter XV - Merger|§ 29-1015.08. Subchapter not exclusive

This subchapter shall not prohibit a limited cooperative association from being merged under law other than this chapter.  (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)  Editor's Notes Uniform Law: This section is based on § 1612 of the Uniform Limited Cooperative Association Act.
DC Code § 29-1201.01 (2021)
2021 District of Columbia Code|Title 29 - Business Organizations. [Enacted title]|Chapter 12 - Statutory Trusts|Subchapter I - General Provisions|§ 29-1201.01. Short title

This chapter may be cited as the “Uniform Statutory Trust Entity Act of 2010”.  (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)  Editor's Notes Uniform Law: This section is based on § 101 of the Uniform Statutory Trust Entity Act.
DC Code § 29-1201.05 (2021)
2021 District of Columbia Code|Title 29 - Business Organizations. [Enacted title]|Chapter 12 - Statutory Trusts|Subchapter I - General Provisions|§ 29-1201.05. Applicability of trust law

The law of the District pertaining to common-law trusts shall supplement this chapter. However, a governing instrument may supersede or modify application to the statutory trust of any law of the District pertaining to common-law trusts.  (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)  Editor's Notes Uniform Law: This section is based on § 105 of the Uniform Statutory Trust Entity Act.
DC Code § 29-1201.06 (2021)
2021 District of Columbia Code|Title 29 - Business Organizations. [Enacted title]|Chapter 12 - Statutory Trusts|Subchapter I - General Provisions|§ 29-1201.06. Rule of construction

(a) This chapter shall be liberally construed to give maximum effect to the principle of freedom of contract and to the enforceability of governing instruments. (b) The presumption that a civil statute in derogation of the common law is construed strictly shall not apply to this chapter.  (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)  Editor's Notes Uniform Law: This section is based on § 106 of the Uniform Statutory Trust Entity Act.
DC Code § 29-1201.07 (2021)
2021 District of Columbia Code|Title 29 - Business Organizations. [Enacted title]|Chapter 12 - Statutory Trusts|Subchapter I - General Provisions|§ 29-1201.07. Constructive notice

A person that is not a beneficial owner is deemed to have notice of a statutory trust’s merger, interest exchange, conversion, or domestication 90 days after articles of merger, interest exchange, conversion, or domestication under subchapter VII of this chapter or Chapter 2 of this title become effective.  (Mar. 5, 2013, D.C. Law 19-210, § 2(l)(2)(D), 59 DCR 13171.)  Editor's Notes Application of Law 19-210: Section 7 of D.C. Law 19-210 provided that the act shall apply as of January 1, 2012.
DC Code § 29-1202.01 (2021)
2021 District of Columbia Code|Title 29 - Business Organizations. [Enacted title]|Chapter 12 - Statutory Trusts|Subchapter II - Formation; Certificate of Trust and Other Filings; Process|§ 29-1202.01. Certificate of trust

(a) To form a statutory trust, a person shall deliver a certificate of trust to the Mayor for filing. (b) A certificate of trust shall state: (1) The name of the statutory trust, which must comply with §§ 29-103.01 and 29-103.02(i); (2) The street and mailing address of the principal office of the trust; (3) The name and street and mailing address of the registered agent of the trust; and (4) If the trust may have one or more series, a statement to that effect. (c) A certificate of trust may contain any term in addition to those required by subsection (b) of this section but may not vary or otherwise affect the provisions specified in § 29-1201.04 in a manner that is inconsistent with that section. (d) A statutory trust is formed when the certificate of trust becomes effective. (e) A filed certificate of trust, a filed statement of cancellation or change, or articles filed under subchapter VII of this chapter or Chapter 2 of this title prevail over inconsistent terms of a trust instrument.  (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720; Mar. 5, 2013, D.C. Law 19-210, § 2(l)(3)(A), 59 DCR 13171.)  Section References This section is referenced in § 29-101.06, § 29-1201.02, § 29-1204.01, and § 29-1209.01. Effect of Amendments The 2013 amendment by D.C. Law 19-210 deleted “initial” preceding “registered” in (b)(3); added “but may not vary or otherwise affect the provisions specified in § 29-1201.04 in a manner that is inconsistent with that section” at the end of (c); rewrote (d); and substituted “articles filed under subchapter VII of this chapter or Chapter 2 of this title” for “filed articles of conversion or merger shall” in (e). Editor's Notes Uniform Law: This section is based on § 201 of the Uniform Statutory Trust Entity Act. Application of Law 19-210: Section 7 of D.C. Law 19-210 provided that the act shall apply as of January 1, 2012.
DC Code § 29-1202.02 (2021)
2021 District of Columbia Code|Title 29 - Business Organizations. [Enacted title]|Chapter 12 - Statutory Trusts|Subchapter II - Formation; Certificate of Trust and Other Filings; Process|§ 29-1202.02. Amendment or restatement of certificate of trust; statement of correction

(a) A certificate of trust may be amended or restated at any time. (b) To amend its certificate of trust, a statutory trust shall deliver to the Mayor for filing an amendment stating the: (1) Name of the trust; (2) Date of filing of its initial certificate; and (3) Changes to the certificate as most recently amended or restated. (c) To restate its certificate of trust, a statutory trust must deliver to the Mayor for filing a restatement designated as such in its heading. (d) A trustee that knows or has reason to know that information in a filed certificate of trust was inaccurate when the certificate was filed or has become inaccurate due to changed circumstances shall promptly: (1) Cause the certificate to be amended; or (2) If appropriate, deliver to the Mayor for filing a statement of change under § 29-104.07 or a statement of correction under § 29-102.05.  (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720; Mar. 5, 2013, D.C. Law 19-210, § 2(l)(3)(B), 59 DCR 13171.)  Section References This section is referenced in § 29-1202.05 and § 29-1209.01. Effect of Amendments The 2013 amendment by D.C. Law 19-210 rewrote the section. Editor's Notes Uniform Law: This section is based on § 202 of the Uniform Statutory Trust Entity Act. Application of Law 19-210: Section 7 of D.C. Law 19-210 provided that the act shall apply as of January 1, 2012.
DC Code § 29-1202.03 (2021)
2021 District of Columbia Code|Title 29 - Business Organizations. [Enacted title]|Chapter 12 - Statutory Trusts|Subchapter II - Formation; Certificate of Trust and Other Filings; Process|§ 29-1202.03. Signing of records

(a) A record delivered by the statutory trust to the Mayor for filing pursuant to this chapter shall be signed by at least one of the trustees. (b) Any person may sign by an attorney in fact any record filed pursuant to this chapter.  (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)  Editor's Notes Uniform Law: This section is based on § 203 of the Uniform Statutory Trust Entity Act.
DC Code § 29-1202.04 (2021)
2021 District of Columbia Code|Title 29 - Business Organizations. [Enacted title]|Chapter 12 - Statutory Trusts|Subchapter II - Formation; Certificate of Trust and Other Filings; Process|§ 29-1202.04. Signing and filing pursuant to judicial order

(a) If a person required by this title to sign a record or deliver a record to the Mayor for filing under this title does not do so, any other person that is aggrieved may petition the Superior Court to order: (1) The person to sign the record; (2) The person to deliver the record to the Mayor for filing; or (3) The Mayor to file the record unsigned. (b) If the petitioner under subsection (a) of this section is not the statutory trust to which the record pertains, the petitioner shall make the trust a party to the action. (c) A record filed pursuant to subsection (a)(3) of this section is effective without being signed.  (Mar. 5, 2013, D.C. Law 19-210, § 2(l)(3)(C), 59 DCR 13171.)  Section References This section is referenced in § 29-1202.05. Editor's Notes Application of Law 19-210: Section 7 of D.C. Law 19-210 provided that the act shall apply as of January 1, 2012.
DC Code § 29-1202.05 (2021)
2021 District of Columbia Code|Title 29 - Business Organizations. [Enacted title]|Chapter 12 - Statutory Trusts|Subchapter II - Formation; Certificate of Trust and Other Filings; Process|§ 29-1202.05. Liability for inaccurate information in filed record

(a) If a record delivered to the Mayor for filing under this title and filed by the Mayor contains inaccurate information, a person that suffers loss by reliance on the information may recover damages for the loss from: (1) A person that signed the record, or caused another to sign it on the person’s behalf, and knew the information to be inaccurate at the time the record was signed; and (2) Subject to subsection (b) of this section, a trustee of a statutory trust, if: (A) The record was delivered for filing on behalf of the trust; and (B) The trustee had notice of the inaccuracy for a reasonably sufficient time before the information was relied upon so that, before the reliance, the trustee reasonably could have: (i) Effected an amendment under § 29-1202.02; (ii) Filed a petition under § 29-1202.04; or (iii) Delivered to the Mayor for filing a statement of change under § 29-104.07 or a statement of correction under § 29-102.05. (b) An individual who signs a record authorized or required to be filed under this title affirms under penalty of making false statements that the information stated in the record is accurate.  (Mar. 5, 2013, D.C. Law 19-210, § 2(l)(3)(C), 59 DCR 13171.)  Editor's Notes Application of Law 19-210: Section 7 of D.C. Law 19-210 provided that the act shall apply as of January 1, 2012.
DC Code § 29-1203.01 (2021)
2021 District of Columbia Code|Title 29 - Business Organizations. [Enacted title]|Chapter 12 - Statutory Trusts|Subchapter III - Governing Law; Authorization; Duration; Powers|§ 29-1203.01. Governing law

The law of the District shall govern the: (1) Internal affairs of a statutory trust; (2) Liability of a beneficial owner as beneficial owner , a trustee as trustee, and a person appointed, elected, or engaged under § 29-1201.03(e)(8) or (9) for a debt, obligation, or other liability of a statutory trust or a series thereof; and (3) Enforceability of a debt, obligation, or other liability of the statutory trust or a series thereof against the property of the trust or any series thereof.  (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720; Mar. 5, 2013, D.C. Law 19-210, § 2(l)(4)(A), 59 DCR 13171.)  Section References This section is referenced in § 29-1201.04. Effect of Amendments The 2013 amendment by D.C. Law 19-210 substituted “a trustee as trustee, and a person appointed, elected, or engaged under § 29-1201.03(e)(8) or (9)” for “and a trustee as trustee” in (2). Editor's Notes Uniform Law: This section is based on § 301 of the Uniform Statutory Trust Entity Act. Application of Law 19-210: Section 7 of D.C. Law 19-210 provided that the act shall apply as of January 1, 2012.
DC Code § 29-1203.02 (2021)
2021 District of Columbia Code|Title 29 - Business Organizations. [Enacted title]|Chapter 12 - Statutory Trusts|Subchapter III - Governing Law; Authorization; Duration; Powers|§ 29-1203.02. Statutory trust as entity

A statutory trust is an entity separate from its trustees and beneficial owners.  (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720; Mar. 5, 2013, D.C. Law 19-210, § 2(l)(4)(B), 59 DCR 13171.)  Effect of Amendments The 2013 amendment by D.C. Law 19-210 substituted “is” for “shall be.” Editor's Notes Uniform Law: This section is based on § 302 of the Uniform Statutory Trust Entity Act. Application of Law 19-210: Section 7 of D.C. Law 19-210 provided that the act shall apply as of January 1, 2012.
DC Code § 29-1203.03 (2021)
2021 District of Columbia Code|Title 29 - Business Organizations. [Enacted title]|Chapter 12 - Statutory Trusts|Subchapter III - Governing Law; Authorization; Duration; Powers|§ 29-1203.03. Permissible purposes

(a) Except as otherwise provided in subsection (b) of this section, a statutory trust may be formed for and may have any lawful purpose, regardless of whether for profit. (b) A statutory trust may not have a predominantly donative purpose.  (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720; Mar. 5, 2013, D.C. Law 19-210, § 2(l)(4)(C), 59 DCR 13171.)  Section References This section is referenced in § 29-1201.04. Effect of Amendments The 2013 amendment by D.C. Law 19-210 added “regardless of whether for profit” at the end of (a); and substituted “may” for “shall” in (b). Editor's Notes Uniform Law: This section is based on § 303 of the Uniform Statutory Trust Entity Act. Application of Law 19-210: Section 7 of D.C. Law 19-210 provided that the act shall apply as of January 1, 2012.