District Of Columbia § 29-1003.04 - Bylaws.
Full text of District Of Columbia D.C. Code § 29-1003.04 — Bylaws., with citation guidance and answers to common questions.
§ 29-1003.04. Bylaws.
29-1003.04Bylaws shall be in a record and, if not stated in the articles of organization, shall include:
A statement of the capital structure of the limited cooperative association, including:
The classes or other types of members’ interests and relative rights, preferences, and restrictions granted to or imposed upon each class or other type of member’s interest; and
The rights to share in profits or distributions of the association;
A statement of the method for admission of members;
A statement designating voting and other governance interests, including which members have voting power and any restriction on voting power;
A statement that a member’s interest is transferable if it is to be transferable and a statement of the conditions upon which it may be transferred;
A statement concerning the manner in which profits and losses are allocated, and distributions are made, among patron members and, if investor members are authorized, the manner in which profits and losses are allocated, and how distributions are made, among investor members and between patron members and investor members;
A statement concerning:
Whether persons that are not members but conduct business with the association may be permitted to share in allocations of profits and losses and receive distributions; and
The manner in which profits and losses are allocated and distributions are made with respect to those persons; and
A statement of the number and terms of directors or the method by which the number and terms are determined.
Subject to and the articles of organization, bylaws may contain any other provision for managing and regulating the affairs of the association.
In addition to amendments permitted under , the initial board of directors may amend the bylaws by a majority vote of the directors at any time before the admission of members.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 29-1003.04
What does D.C. Code § 29-1003.04 cover?
Section 29-1003.04 ("Bylaws.") is part of the D.C. Code, the codified statutory law of District Of Columbia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite District Of Columbia § 29-1003.04?
A common citation format is "D.C. Code § 29-1003.04" (District Of Columbia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of District Of Columbia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.
How does District Of Columbia § 29-1003.04 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in District Of Columbia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in District Of Columbia.