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RCW 24.06.615

Conversion of domestic corporation to limited cooperative association—Procedure.

Known as the Nonprofit Miscellaneous and Mutual Corporation Act

The act spans §§ 24–24 (114 sections).

2019 c 37 s 1405.

(1) Except as provided in subsection (2) of this section, a domestic corporation organized under this chapter, and taking the election provided in RCW 24.06.032(1), may convert to a limited cooperative association pursuant to RCW 23.100.1302 through 23.100.1314.

(2) This section does not apply to a domestic corporation organized for the purpose of generating, purchasing, selling, marketing, transmitting, or distributing electric energy.

Official source: Washington State Legislature. Reproduced from public-domain Washington statutes; confirm against the official source for the current text. Not legal advice.