District Of Columbia § 29-1008.03 - Qualifications of directors.
Full text of District Of Columbia D.C. Code § 29-1008.03 — Qualifications of directors., with citation guidance and answers to common questions.
§ 29-1008.03. Qualifications of directors.
29-1008.03Unless the organic rules otherwise provide, and subject to subsection (c) of this section, each director of a limited cooperative association shall be an individual who is a member of the association or an individual who is designated by a member that is not an individual for purposes of qualifying and serving as a director. Initial directors need not be members.
Unless the organic rules otherwise provide, a director may be an officer or employee of the limited cooperative association.
If the organic rules provide for nonmember directors, the number of nonmember directors shall not exceed:
One, if there are 2 through 4 directors;
Two, if there are 5 through 8 directors; or
One-third of the total number of directors if there are at least 9 directors.
The organic rules may provide qualifications for directors in addition to those in this section.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 29-1008.03
What does D.C. Code § 29-1008.03 cover?
Section 29-1008.03 ("Qualifications of directors.") 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 § 29-1008.03?
A common citation format is "D.C. Code § 29-1008.03" (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 § 29-1008.03 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.