Washington Code > Chapter 33.48 > § 33.48.270 Washington Code 33.48.270 – Reduction of stock — Disposition of surplus Current as of: 2023 | Check for updates | Other versions Any surplus resulting from reduction of stock shall not be available for dividends or other distribution to stockholders except upon liquidation. [ 1982 c 3 § 109; 1973 c 130 § 17.] NOTES: Severability—1982 c 3: See note following RCW 33.04.002. Severability—1973 c 130: See note following RCW 33.24.350. Previous sectionNext section Chapter 33.48 Contents