Washington Code 24.03A.105 – Effectiveness of incorporation
Current as of: 2023 | Check for updates
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(1) Unless a delayed effective date is specified, the corporate existence begins on the date the articles are filed by the secretary of state.
Terms Used In Washington Code 24.03A.105
- 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.
- Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
(2) The filing of the articles by the secretary of state is conclusive proof that the incorporators satisfied all conditions precedent to incorporation except in a proceeding by this state to cancel or revoke the incorporation or involuntarily dissolve the nonprofit corporation.
NOTES:
Effective date—2021 c 176: See note following RCW 24.03A.005.