Washington Code 24.03A.125 – Bylaws
Current as of: 2023 | Check for updates
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(1) The board shall adopt initial bylaws for the corporation.
Terms Used In Washington Code 24.03A.125
- 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.
(2) The bylaws may contain any provision for managing the activities and regulating the affairs of the corporation that is not inconsistent with law or the articles. Whenever a provision of the bylaws is inconsistent with a provision of the articles, the provision of the articles controls.
NOTES:
Effective date—2021 c 176: See note following RCW 24.03A.005.