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District of Columbia Code Division V. Local Business Affairs § 29-1114. Duties of member.

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) A member shall not have a fiduciary duty to an unincorporated nonprofit association or to another member solely by being a member.

(b) A member shall discharge the duties to the unincorporated nonprofit association and the other members and exercise any rights under this chapter consistent with the governing principles and the obligation of good faith and fair dealing.

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Cite this article: FindLaw.com - District of Columbia Code Division V. Local Business Affairs § 29-1114. Duties of member. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-v-local-business-affairs/dc-code-sect-29-1114/

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