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2018 Revised Code of Washington
Title 24 - CORPORATIONS AND ASSOCIATIONS (NONPROFIT)
24.06 Nonprofit miscellaneous and mutual corporations act.
24.06.075 Shares—Consideration, fixing.
Universal Citation: WA Rev Code § 24.06.075 (2018)
RCW 24.06.075 Shares—Consideration, fixing.
(1) Shares having a par value may be issued for such consideration expressed in dollars, not less than the par value thereof, as shall be fixed from time to time by the board of directors.
(2) Shares without par value shall be issued for such consideration expressed in dollars as may be fixed from time to time by the board of directors.
[ 1969 ex.s. c 120 § 15.]
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