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Code · Washington · Title 24 — Corporations and Associations (Nonprofit) · Chapter 24.03A

RCW 24.03A.958

236 words·~1 min read·/wa/title-24/chapter-24-03a/24-03a-958·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)Pursuant to an action by the attorney general, a person shall forfeit and pay a civil penalty of not more than five thousand dollars for each violation if such person:
(a)Engages in conduct that violates any provision of this chapter governing the distribution, disposition, management, or expenditure of, or reporting obligations relating to, property held for charitable purposes, intending or knowing that such conduct was in violation of this chapter;
(b)As a director or officer of a corporation, votes for or assents to a distribution of property held for charitable purposes that would give rise to liability under RCW 24.03A.610 ; or
(c)Receives any portion of a distribution described in
(b)of this subsection knowing that the distribution was made in violation of this chapter.
(2)Any person who shall violate the terms of any injunction issued pursuant to an action by the attorney general under RCW 24.03A.946 shall forfeit and pay a civil penalty of not more than twenty-five thousand dollars for each violation.
(3)At the discretion of the court, the attorney general is entitled to recovery of its costs and fees incurred in securing compliance with the provisions of this chapter governing the distribution, disposition, management, or expenditure of, or reporting obligations relating to, property held for charitable purposes.
[ 2021 c 176 s 4108 .]
Notes:
Effective date — 2021 c 176: See note following RCW 24.03A.005 .
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