D.C. Code § 29-404.22

Purchase of memberships.

Last amended: 2011Year: 2026Length: 32 wordsOfficial source
Except as otherwise provided in the articles of incorporation or bylaws, a membership corporation that is not a charitable corporation shall not purchase any of its memberships or any right arising therefrom.
D.C. Code § 29-404.22: Purchase of memberships. | Justis AI