Operations of nonprofit institutions. A society may create, maintain, and operate, or may establish organizations to operate, not-for-profit institutions to further the purposes permitted by § 31-5302(a)(2). Such institutions may furnish services free of charge or at a reasonable charge. Any real or personal property owned, held, or leased by the society for this purpose shall be reported in every annual statement. (Apr. 29, 1998, D.C. Law 12-86, § 1210, 45 DCR 1172.) Prior Codifications 1981 Ed., § 35-1239.
District of Columbia Legal Code