RCW 23.100.1303
176 words·~1 min read·
/wa/title-23/chapter-23-100/23-100-1303·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)A qualifying entity may convert to a limited cooperative association under this subchapter by approving a plan of conversion. The plan must be in a record and contain:
(a)The name and type of entity of the converting entity;
(b)The name of the converted entity;
(c)The manner of converting the interests in the converting entity into interests, securities, obligations, money, other property, rights to acquire interests or securities, or any combination of the foregoing;
(d)The proposed public organic record of the converted entity if it will be a filing entity;
(e)The full text of the private organic rules of the converted entity which are proposed to be in a record;
(f)The other terms and conditions of the conversion; and
(g)Any other provision required by the law of this state or the organic rules of the converting entity.
(2)In addition to the requirements of subsection
(1)of this section, a plan of conversion may contain any other provision not prohibited by law.
[ 2019 c 37 s 1303 .]