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§ 29-1013-04 — District of Columbia Law | CourtGPT
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  3. District of Columbia/
  4. Title 29 - Business Organizations. [Enacted Title]/
  5. Chapter 10 - Limited Cooperative Associationssub/
  6. Subchapter Xiii - Action by Member§ 29–1013.01. Derivative Action/
  7. § 29-1013-04
District of Columbia Legal Code

§ 29-1013-04

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04. Approval for discontinuance or settlement. A derivative action to enforce a right of a limited cooperative association shall not be discontinued or settled without the Superior Court’s approval. (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.) Editor's Notes Uniform Law: This section is based on § 1304 of the Uniform Limited Cooperative Association Act.