INTERNAL PROTOTYPE — NOT LEGAL ADVICE — DO NOT SEND

§ 42

Citation
§ 42 (B)
Parent Document
D.C. Code § 42-3502.05
Jurisdiction
DC (municipal)

Full Text

561 chars
(B) None of the shareholders or members has an interest, directly or indirectly, in more than 4 rental units in the District of Columbia. A shareholder or member of a cooperative housing association owning a proprietary lease or occupancy agreement for a rental unit in an association shall not be deemed to have an indirect interest in any other rental unit in any structure owned by a cooperative housing association solely by virtue of ownership of a stock or membership certificate, proprietary lease, or other evidence of membership in the association; and