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.
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)
This section is referenced in § 29-1001.02.
Uniform Law: This section is based on § 601 of the Uniform Limited Cooperative Association Act.
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