Property distributed to a member by a limited cooperative association, other than money, maybe redeemed or repurchased as provided in the organic rules, but a redemption or repurchase shall not be made without authorization by the board of directors. The board may withhold authorization for any reason in its sole discretion. A redemption or repurchase shall be treated as a distribution for purposes of § 29-1010.07.
Redemption or repurchase
D.C. Code § 29-1010.06 — under Contributions, Allocations, and Distributions..
D.C. Code § 29-1010.06