A majority of the organizers or initial directors of a limited cooperative association that has not yet begun business activity or the conduct of its affairs may dissolve the association.
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)
This section is referenced in § 29-1012.02 and § 29-1012.05.
Uniform Law: This section is based on § 1204 of the Uniform Limited Cooperative Association Act.
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