§ 31-3519. Reports to directors and trustees.

Current through October 23, 2012

The officers or other management of a corporation issued a certificate of authority under this chapter shall report to its board of directors or trustees, no less often than quarterly, regarding any and all transactions or events that have, or are likely to have, a material impact on the operations or financial condition of the corporation.

                
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(Apr. 9, 1997, D.C. Law 11-245, § 20, 44 DCR 1158.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications

1981 Ed., § 35-4719.

Legislative History of Laws

For legislative history of D.C. Law 11-245, see Historical and Statutory Notes following § 31-3501.