RCW 23.100.0805
74 words·~1 min read·
/wa/title-23/chapter-23-100/23-100-0805·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Property distributed to a member by a limited cooperative association, other than money, may be redeemed or repurchased as provided in the organic rules but a redemption or repurchase may not be made without authorization by the board of directors. The board may withhold authorization for any reason in its sole discretion. A redemption or repurchase is treated as a distribution for purposes of RCW 23.100.0806 .
[ 2019 c 37 s 805 .]