Any surplus resulting from reduction of stock shall not be available for dividends or other distribution to stockholders except upon liquidation.
RCW 33.48.270
Reduction of stock—Disposition of surplus.
1982 c 3 s 109; 1973 c 130 s 17.
Official source: Washington State Legislature. Reproduced from public-domain Washington statutes; confirm against the official source for the current text. Not legal advice.