Washington Code 53.31.020 – Definitions
Current as of: 2023 | Check for updates
|
Other versions
Unless the context clearly requires otherwise, the definitions in this section apply throughout this chapter.
Terms Used In Washington Code 53.31.020
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- person: may be construed to include the United States, this state, or any state or territory, or any public or private corporation or limited liability company, as well as an individual. See Washington Code 1.16.080
(1) “Port district” means any port district other than a countywide port district in a county with a population of two hundred ten thousand or more, established under Title 53 RCW.
(2) “Export services” means the following services when provided in order to facilitate the export of goods or services through Washington ports: International market research, promotion, consulting, marketing, legal assistance, trade documentation, communication and processing of foreign orders to and for exporters and foreign purchasers, financing, and contracting or arranging for transportation, insurance, warehousing, foreign exchange, and freight forwarding.
(3) “Export trading company” means an entity created by a port district under RCW 53.31.040.
(4) “Obligations” means bonds, notes, securities, or other obligations or evidences of indebtedness.
(5) “Person” means any natural person, firm, partnership, association, private or public corporation, or governmental entity.
NOTES:
Purpose—Captions not law—1991 c 363: See notes following RCW 2.32.180.