705. REQUIREMENTS FOR NONPROFIT CORPORATIONS FORMED BY SPECIAL ACT OF CONGRESS

705 Requirements for nonprofit corporations FORMED BY SPECIAL ACT OF CONGRESS 705.1 This section applies to nonprofit corporations formed in the District of Columbia by a special act of Congress, except to the extent that a requirement of this section is in irreconcilable conflict with a provision of the special act of Congress. 705.2 A nonprofit corporation described in § 705.1 that elects to become subject to Chapter 4 (Nonprofit Corporations) of the Act (D.C. Official Code § 29-401 et seq. (2011 Repl.) before January 1, 2014, shall file with the Superintendent: A copy of the corporation’s congressional charter and any amendments thereto; A copy of a resolution adopted by the corporation electing to be subject to the Act; and A copy of the corporation’s articles of incorporation, if any. 705.3 A nonprofit corporation that makes an election under § 705.2 shall: (a) File a biennial report with the Superintendent by April 1, 2014; and (b) File subsequent biennial reports every two (2) years following the first April 1 filing. 705.4 A nonprofit corporation described in § 705.1 that does not make an election to become subject to Chapter 4 (Nonprofit Corporations) of the Act (D.C. Official Code § 29-401 et seq. (2011 Repl.) shall file with the Superintendent, no later than January 1, 2014, a statement containing the following: The corporation’s name; The corporation’s date of formation; The name and address of at least one (1) governor of the corporation; The name and address of the registered agent of the corporation; and A copy of the corporation’s congressional charter and any amendments thereto. 705.5 A nonprofit corporation described in § 705.4 shall: File a biennial report by April 1, 2014; File subsequent biennial reports every two (2) years following the first April 1 filing; and Maintain a registered agent pursuant to D.C. Official Code § 29-104.04 (2011 Repl.). 705.6 If a nonprofit corporation described in § 705.1 fails to file a timely biennial report or fails to maintain a registered agent, as required by § 705.5, the Superintendent may administratively dissolve the corporation. 705.7 A nonprofit corporation described in § 705.6 that is administratively dissolved may apply for reinstatement subject to the requirements of D.C. Official Code § 29-106.03 (2011 Repl.); provided, that the nonprofit corporation files the documents required by § 705.2 and the biennial report required by § 705.3(a). SOURCE: Final Rulemaking published at 60 DCR 13139 (September 20, 2013).