Section 31-5309 - Operations of nonprofit institutions

Operations of nonprofit institutions

A society may create, maintain, and operate, or may establish organizations to operate, not-for-profit institutions to further the purposes permitted by § 31-5302(a)(2). Such institutions may furnish services free of charge or at a reasonable charge. Any real or personal property owned, held, or leased by the society for this purpose shall be reported in every annual statement.

CREDIT(S)

(Apr. 29, 1998, D.C. Law 12-86, § 1210, 45 DCR 1172.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications
1981 Ed., § 35-1239.
Legislative History of Laws
For legislative history of D.C. Law 12-86, see Historical and Statutory Notes following § 31-5301.

Current through September 13, 2012