Washington § 23.100.0804 Distributions.

Washington Statutes

§ 23.100.0804 — Distributions.

Washington § 23.100.0804

Title 23CORPORATIONS AND ASSOCIATIONS (PROFIT) (Business Corporation Act: See Title 23B RCW)

Ch. 23.100LIMITED COOPERATIVE ASSOCIATIONS

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Bluebook

Wash. Rev. Code § 23.100.0804 (2026).

Text

(1)Unless the organic rules otherwise provide and subject to RCW 23.100.0806 , the board of directors may authorize, and the limited cooperative association may make, distributions to members.

(2)Unless the organic rules otherwise provide, distributions to members may be made in any form, including money, capital credits, allocated patronage equities, revolving fund certificates, and the limited cooperative association's own or other securities.

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(1) Unless the organic rules otherwise provide and subject to RCW 23.100.0806 , the board of directors may authorize, and the limited cooperative association may make, distributions to members.

(2) Unless the organic rules otherwise provide, distributions to members may be made in any form, including money, capital credits, allocated patronage equities, revolving fund certificates, and the limited cooperative association's own or other securities.