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Code · Washington · Title 23 — Corporations and Associations (Profit) (Business Corporation Act: See Title 23b Rcw) · Chapter 23.100

RCW 23.100.0701

97 words·~1 min read·/wa/title-23/chapter-23-100/23-100-0701·

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(1)Indemnification and advancement of expenses of an individual who has incurred liability or is a party, or is threatened to be made a party, to litigation because of the performance of a duty to, or activity on behalf of, a limited cooperative association is governed by Title 23B RCW.
(2)A limited cooperative association may purchase and maintain insurance on behalf of any individual against liability asserted against or incurred by the individual to the same extent and subject to the same conditions as provided by Title 23B RCW.
[ 2019 c 37 s 701 .]
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