RCW 24.03A.165
131 words·~1 min read·
/wa/title-24/chapter-24-03a/24-03a-165·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)Property owned by a nonprofit corporation is held for charitable purposes if:
(a)The corporation is a charitable corporation;
(b)The property is subject to restrictions contained in a gift instrument that limit its use only to one or more charitable purposes; or
(c)The property is subject to restrictions contained in the corporation's articles, bylaws, or any record adopted by the corporation's board, or to other limitations in the form of a record, that limit its use only to one or more charitable purposes.
(2)In no event may property held for charitable purposes be distributed in a manner inconsistent with RCW 24.03A.155 , 24.03A.900 , or 24.03A.906 .
[ 2021 c 176 s 1408 .]
Notes:
Effective date — 2021 c 176: See note following RCW 24.03A.005 .