Section 42-2061 - Conforming amendmentFor the purposes of this chapter, the term
(1) "Cooperative" means an association, whether incorporated or unincorporated, organized for the purpose of owning and operating residential real property in the District of Columbia, the shareholders or members of which, by reason of their ownership of a stock or membership certificate, a proprietary lease, or other evidence of membership, are entitled to occupy a dwelling unit pursuant to the terms of a proprietary lease or occupancy agreement.(2) "Limited-equity cooperative" or "LEC" shall have the same meaning as in D.C. Official Code § 47-802(11).Amended by D.C. Law 24-244,§ 3, 69 DCR 015094, eff. 2/23/2023.July 3, 2018, D.C. Law 22-119, § 2, 65 DCR 5074.