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2012 Revised Code of Washington
Title 23B - WASHINGTON BUSINESS CORPORATION ACT
23B.25 Social purpose corporations.
23B.25.010 Powers, rights, and obligations -- Definition -- Application of RCW 23B.03.010.


WA Rev Code § 23B.25.010 (2012) What's This?

RCW 23B.25.010 Powers, rights, and obligations — Definition — Application of RCW 23B.03.010.

(1) Except as otherwise expressly stated in this chapter, the provisions of this title and all powers, rights, and obligations thereunder shall apply to social purpose corporations organized under this chapter, and references in this title to the term "corporation" shall be read to include social purpose corporations organized under this chapter.

     (2) Subject to any limitations contained in the articles of incorporation, a social purpose corporation may engage in any lawful business under RCW 23B.03.010.

[2012 c 215 § 2.]


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