§ 10-1334. Establishment of Board of Directors.

Current through October 23, 2012

(a) A Board of Directors ("Board") is established to meet the objectives of the Foundation and to administer the Fund.

(b) The Board shall be composed of residents of the District of Columbia who are collectively representative of the geographical, ethnic, economic, and social diversity of the District of Columbia. Advisory committees and subcommittees that may be established by the Foundation may be composed of residents and nonresidents of the District.

(1) One member appointed by each member of the Council, with the chairperson of the Board appointed by the Chairman of the Council;

(2) The Secretary to the Council;

(3) The Archivist of the District of Columbia;

(4) A representative of the Historical Society of Washington, D.C.;

(5) A representative of the D.C. Preservation League;

(6) A representative of the National Trust for Historic Preservation;

(7) A representative designated by the Mayor of the District of Columbia; and

(8) A representative designated by the John A. Wilson family.

(d) The Board shall:

(1) Have the power to adopt, amend, or repeal by-laws for operation of the Foundation;

(2) Meet not less than quarterly at times to be determined;

(3) Prepare and submit to the Council quarterly reports on the progress on the Foundation's fundraising;

(4) Be authorized to hire staff; and

(5) Be authorized to exercise all powers conferred upon a nonprofit corporation pursuant to Chapters 1, 2, and 4 of Title 29.

                
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(Apr. 9, 1997, D.C. Law 11-180, § 5, 43 DCR 4246; July 2, 2011, D.C. Law 18-378, § 3(d), 58 DCR 1720.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications

1981 Ed., § 9-734.

Effect of Amendments

D.C. Law 18-378, in subsec. (d)(5), substituted "Chapters 1, 2, and 4 of Title 29" for "Chapter 3 of Title 29" .

Emergency Act Amendments

See Historical and Statutory Notes following § 10-1331.

Legislative History of Laws

For legislative history of D.C. Law 11-180, see Historical and Statutory Notes following § 10-1331.

Law 18-378, the "District of Columbia Official Code Title 29 (Business Organizations) Enactment Act of 2009", was introduced in Council and assigned Bill No. 18-500, which was referred to the Committee on Public Services and Consumer Affairs. The Bill was adopted on first and second readings on December 7, 2010, and December 21, 2010, respectively. Signed by the Mayor on February 27, 2011, it was assigned Act No. 18-724 and transmitted to both Houses of Congress for its review. D.C. Law 18-378 became effective on July 2, 2011.