Terms Used In Washington Code > Chapter 23.95 - Uniform business organizations code
Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
Annual report: means the report required by RCW 23. See
Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Business corporation: means a domestic business corporation incorporated under or subject to Title 23B RCW or a foreign business corporation. See
Commercial registered agent: means a person listed under RCW 23. See
Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
Contract: A legal written agreement that becomes binding when signed.
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.
Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
Electronic transmission: means an electronic communication:
Entity: means :
Entity filing: means a record delivered to the secretary of state for filing pursuant to this chapter. See
Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
executed: means with present intent to authenticate or adopt a record:
Filed record: means a record filed by the secretary of state pursuant to this chapter. See
General cooperative association: means a domestic general cooperative association formed under or subject to chapter 23. See
Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
Governor: means :
Interest: means :
Interest holder: means :
Jurisdiction: when used to refer to a political entity, means the United States, a state, a foreign country, or a political subdivision of a foreign country. See
Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
Jurisdiction of formation: means the jurisdiction whose law includes the organic law of an entity. See
Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
Limited cooperative association: means a domestic limited cooperative association formed under or subject to chapter 23. See
Limited liability company: means a domestic limited liability company formed under or subject to chapter 25. See
Limited liability limited partnership: means a domestic limited liability limited partnership formed under or subject to chapter 25. See
Limited liability partnership: means a domestic limited liability partnership registered under or subject to chapter 25. See
Limited partnership: includes a limited liability limited partnership. See
Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
Noncommercial registered agent: means a person that is not a commercial registered agent and is:
Nonprofit corporation: means a domestic nonprofit corporation incorporated under or subject to chapter 24. See
Nonregistered foreign entity: means a foreign entity that is not registered to do business in this state pursuant to a statement of registration filed by the secretary of state. See
Oath: A promise to tell the truth.
Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
Organic law: means the law of an entity's jurisdiction of formation governing the internal affairs of the entity. See
Organic rules: means the public organic record and private organic rules of an entity. See
Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
Person: means an individual, business corporation, nonprofit corporation, partnership, limited partnership, limited liability company, general cooperative association, limited cooperative association, unincorporated nonprofit association, statutory trust, business trust, common-law business trust, estate, trust, association, joint venture, public corporation, government or governmental subdivision, agency, or instrumentality, or any other legal or commercial entity. See
Plaintiff: The person who files the complaint in a civil lawsuit.
Principal office: means the principal executive office of an entity, whether or not the office is located in this state. See
Private organic rules: includes :
Proceeding: means civil suit and criminal, administrative, and investigatory action. See
Property: means all property, whether real, personal, or mixed or tangible or intangible, or any right or interest therein. See
Public organic record: means the record the filing of which by the secretary of state is required to form an entity and any amendment to or restatement of that record. See
Receipt: as used in this chapter , means actual receipt. See
Record: means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form. See
Registered agent: means an agent of an entity which is authorized to receive service of any process, notice, or demand required or permitted by law to be served on the entity. See
Registered foreign entity: means a foreign entity that is registered to do business in this state pursuant to a certificate of registration filed by the secretary of state. See
Service of process: The service of writs or summonses to the appropriate party.
State: means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United States. See
Statute: A law passed by a legislature.
Tangible medium: means a writing, copy of a writing, facsimile, or a physical reproduction, each on paper or on other tangible material. See
Transfer: includes :
Type of entity: means a generic form of entity:
Venue: The geographical location in which a case is tried.