RCW 23B.25.120
160 words·~1 min read·
/wa/title-23b/chapter-23b-25/23b-25-120·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In addition to the corporate actions set forth in RCW 23B.13.020 (1), a shareholder is entitled to dissent from, and obtain payment of the fair value of the shareholder's shares in the event of, any of the following corporate actions:
(1)An election by a corporation to become a social purpose corporation, which has become effective, to which the corporation is a party if shareholder approval was required for the election by RCW 23B.25.130 or the articles of incorporation;
(2)An election to cease to be a social purpose corporation, which has become effective, to which the corporation is a party if shareholder approval was required for the election by RCW 23B.25.140 or the articles of incorporation, and the shareholder was entitled to vote on the election; and
(3)An amendment of the social purpose corporation's articles of incorporation that would materially change one or more of the social purposes of the corporation.
[ 2012 c 215 s 13 .]