District Of Columbia § 29-1010.02 - Contribution and valuation.
Full text of District Of Columbia D.C. Code § 29-1010.02 — Contribution and valuation., with citation guidance and answers to common questions.
§ 29-1010.02. Contribution and valuation.
29-1010.02Unless the organic rules otherwise provide, the contributions of a member to a limited cooperative association may consist of tangible or intangible property or other benefit to the association, including money, labor or other services performed or to be performed, promissory notes, other agreements to contribute money or property, and contracts to be performed.
The receipt and acceptance of contributions and the valuation of contributions shall be reflected in a limited cooperative association’s records.
Unless the organic rules otherwise provide, the board of directors shall determine the value of a member’s contributions received or to be received and the determination by the board of directors of valuation shall be conclusive for purposes of determining whether the member’s contribution obligation has been met.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 29-1010.02
What does D.C. Code § 29-1010.02 cover?
Section 29-1010.02 ("Contribution and valuation.") 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 § 29-1010.02?
A common citation format is "D.C. Code § 29-1010.02" (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 § 29-1010.02 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.