Washington Code 23.100.1314 – Relationship to other laws
Current as of: 2023 | Check for updates
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(1) This subchapter does not authorize an act prohibited by, and does not affect the application or requirements of, law other than this subchapter.
Terms Used In Washington Code 23.100.1314
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- 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
(2) A conversion effected under this subchapter may not create or impair a right, duty, or obligation of a person under the statutory law of this state relating to a change in control, takeover, business combination, control-share acquisition, or similar transaction involving a domestic merging, acquired, or converting cooperative association unless the approval of the plan is by a vote of the members or directors which would be sufficient to create or impair the right, duty, or obligation directly under the law.
[ 2019 c 37 § 1314.]