05. Right of action. (a) Except in a benefit enforcement proceeding, no person may bring an action or assert a claim against a benefit corporation or its directors or officers with respect to: (1) Failure to pursue or create general public benefit or a specific public benefit set forth in its articles of incorporation; or (2) Violation of a duty or standard of conduct under this chapter. (b) A benefit corporation shall not be liable for monetary damages under this chapter for any failure of the benefit corporation to pursue or create general public benefit or a specific public benefit. (c) A benefit enforcement proceeding may be commenced or maintained only: (1) Directly by the benefit corporation; or (2) Derivatively by: (A) A shareholder; (B) A director; (C) A person or group of persons that owns beneficially or of record 5% or more of the equity interests in an entity of which the benefit corporation is a subsidiary; or (D) Other persons as specified in the articles of incorporation or bylaws of the benefit corporation. (May 1, 2013, D.C. Law 19-305, § 2(b), 60 DCR 2735.)
District of Columbia Legal Code