RCW 24.03A.365
124 words·~1 min read·
/wa/title-24/chapter-24-03a/24-03a-365·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)A proceeding may not be brought by a creditor of a membership corporation to reach the liability, if any, of a member to the corporation unless final judgment has been rendered in favor of the creditor against the corporation and execution has been returned unsatisfied in whole or in part.
(2)All creditors of a membership corporation, with or without reducing their claims to judgment, may intervene in any creditor's proceeding brought under subsection
(1)of this section to reach and apply unpaid amounts due the corporation. Any or all members who owe amounts to the corporation may be joined in the proceeding.
[ 2021 c 176 s 2111 .]
Notes:
Effective date — 2021 c 176: See note following RCW 24.03A.005 .