District Of Columbia § 29-307.01 - Domestication.
Full text of District Of Columbia D.C. Code § 29-307.01 — Domestication., with citation guidance and answers to common questions.
§ 29-307.01. Domestication.
29-307.01A foreign business corporation may become a domestic business corporation only if the domestication is permitted by the organic law of the foreign corporation.
A domestic business corporation may become a foreign business corporation if the domestication is permitted by the laws of the foreign jurisdiction. Regardless of whether the laws of the foreign jurisdiction require the adoption of a plan of domestication, the domestication shall be approved by the adoption by the corporation of a plan of domestication in the manner provided in this subchapter.
The plan of domestication shall include:
A statement of the jurisdiction in which the corporation is to be domesticated;
The terms and conditions of the domestication;
The manner and basis of reclassifying the shares of the corporation following its domestication into shares or other securities, obligations, rights to acquire shares or other securities, money, other property, or any combination of the foregoing; and
Any desired amendments to the articles of incorporation of the corporation following its domestication.
The plan of domestication may also include a provision that the plan may be amended prior to filing the document required by the laws of the District or the other jurisdiction to consummate the domestication; provided, that subsequent to approval of the plan by the shareholders, the plan shall not be amended to change:
The amount or kind of shares or other securities, obligations, rights to acquire shares or other securities, money, or other property to be received by the shareholders under the plan;
The articles of incorporation as they will be in effect immediately following the domestication, except for changes permitted by or by comparable provisions of the laws of the other jurisdiction; or
Any of the other terms or conditions of the plan if the change would adversely affect any of the shareholders in any material respect.
Terms of a plan of domestication may be made dependent upon facts objectively ascertainable outside the plan in accordance with .
If any debt security, note, or similar evidence of indebtedness for money borrowed, whether secured or unsecured, or a contract of any kind, issued, incurred, or signed by a domestic business corporation before the effective date of this chapter contains a provision applying to a merger of the corporation and the document does not refer to a domestication of the corporation, the provision shall be deemed to apply to a domestication of the corporation until such time as the provision shall be amended subsequent to that date.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 29-307.01
What does D.C. Code § 29-307.01 cover?
Section 29-307.01 ("Domestication.") 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 § 29-307.01?
A common citation format is "D.C. Code § 29-307.01" (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 § 29-307.01 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.