An association may purchase or otherwise acquire, hold, own, and exercise all rights of ownership in, sell, transfer, pledge, or guarantee the payment of dividends or interest on, or the retirement or redemption of, shares of the capital stock or bonds of any corporation or association engaged in any related activity or in the warehousing or handling or marketing or packing or manufacturing or processing or preparing for market of any of the fishery products handled by the association.

Terms Used In Washington Code 24.36.340

  • Association: means any corporation organized under this chapter. See Washington Code 24.36.030
  • 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.
  • Fishery products: includes fish, crustaceans, mollusks, and marine products for human consumption. See Washington Code 24.36.030
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