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2017 Revised Code of Washington
Title 23B - WASHINGTON BUSINESS CORPORATION ACT
23B.06 Shares and distributions.
23B.06.220 Liability of shareholders.
Universal Citation: WA Rev Code § 23B.06.220 (2017)
RCW 23B.06.220 Liability of shareholders.
A purchaser from a corporation of its own shares is not liable to the corporation or its creditors with respect to the shares except to pay the consideration for which the shares were approved to be issued under RCW 23B.06.210 or specified in the subscription agreement under RCW 23B.06.200.
[ 2009 c 189 § 9; 1989 c 165 § 50.]
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