Washington Code 62A.8-111 – Clearing corporation rules
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A rule adopted by a clearing corporation governing rights and obligations among the clearing corporation and its participants in the clearing corporation is effective even if the rule conflicts with this Title and affects another party who does not consent to the rule.
[ 1995 c 48 § 11.]
NOTES:
Effective date—1995 c 48: See RCW 62A.11-113.
Terms Used In Washington Code 62A.8-111
- 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.