§ 23B.06.010 Authorized shares
§ 23B.06.020 Terms of class or series
§ 23B.06.030 Issued and outstanding shares
§ 23B.06.040 Fractional shares
§ 23B.06.200 Subscription for shares before incorporation
§ 23B.06.210 Issuance of shares
§ 23B.06.220 Liability of shareholders
§ 23B.06.230 Share dividends
§ 23B.06.240 Share options
§ 23B.06.250 Certificates
§ 23B.06.260 Shares without certificates
§ 23B.06.270 Restriction on transfer of shares and other securities
§ 23B.06.280 Expense of issue
§ 23B.06.300 Shareholders’ preemptive rights
§ 23B.06.310 Corporation’s acquisition of its own shares
§ 23B.06.400 Distributions to shareholders

Terms Used In Washington Code > Chapter 23B.06 - Shares and distributions

  • 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.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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.
  • Dependent: A person dependent for support upon another.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • 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.
  • Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • person: may be construed to include the United States, this state, or any state or territory, or any public or private corporation or limited liability company, as well as an individual. See
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Statute: A law passed by a legislature.