Every director, officer or agent of any corporation or joint stock association, and every person engaged in organizing or promoting any enterprise, who shall knowingly make or publish or concur in making or publishing any written prospectus, report, exhibit or statement of its affairs or pecuniary condition, containing any material statement that is false or exaggerated, is guilty of a class B felony and shall be punished by imprisonment in a state correctional facility for not more than ten years, or by a fine of not more than five thousand dollars.
RCW 9.24.050
False report of corporation.
Applied in 3 court decisions — leading case 16 Wash. App. 179 - State v. Swanson (1976)
Most recently applied in Becker v. Community Health Systems, Inc. (August 2014)
2003 c 53 s 19; 1992 c 7 s 7; 1909 c 249 s 390; RRS s 2642
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Washington State Legislature. Reproduced from public-domain Washington statutes; confirm against the official source for the current text. Not legal advice.