RCW 23B.07.230
122 words·~1 min read·
/wa/title-23b/chapter-23b-07/23b-07-230·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)A corporation may establish a procedure by which the beneficial owner of shares that are registered in the name of a nominee is recognized by the corporation as the shareholder. The extent of this recognition may be determined in the procedure.
(2)The procedure may set forth:
(a)The types of nominees to which it applies;
(b)The rights or privileges that the corporation recognizes in a beneficial owner;
(c)The manner in which the procedure is selected by the nominee;
(d)The information that must be provided when the procedure is selected;
(e)The period for which selection of the procedure is effective; and
(f)Other aspects of the rights and duties created.
[ 1989 c 165 s 71 .]