Chapter 23.78 RCW

EMPLOYEE COOPERATIVE CORPORATIONS

Sections

23.78.010Definitions.
23.78.020Election by corporation to be governed as an employee cooperativeLaws governing.
23.78.030Revocation of election.
23.78.040Corporate name.
23.78.050MembersMembership shares.
23.78.060Right to votePower to amend or repeal bylawsRight to amend articles of incorporation.
23.78.070Net earnings or lossesApportionment, distribution, and payment.
23.78.080Internal capital accounts authorizedRedemptionsAssignment of portion of retained net earnings and net losses to collective reserve account authorized.
23.78.090Internal capital account cooperatives.
23.78.100Provision for conversion of shares and accountsLimitations upon merger.
23.78.900Short title.

NOTES:

Employee ownership programs through the department of community, trade, and economic development: RCW 43.63A.230.
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