A member's interest shall:
(1) Be personal property;
(2) Consist of:
(A) Governance interests;
(B) Financial rights; and
(C) The right or obligation, if any, to do business with the limited cooperative association; and
(3) May be in certificated or uncertificated form.
CREDIT(S)
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)
HISTORICAL AND STATUTORY NOTES
Legislative History of Laws
For history of Law 18-378, see notes under § 29-101.01.
Uniform Law:
This section is based on § 601 of the Uniform Limited Cooperative Association Act . See Vol. 6A , Uniform Laws Annotated, Master Edition or ULA Database on Westlaw.