Chapter 23.78 RCW

EMPLOYEE COOPERATIVE CORPORATIONS

Sections

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

NOTES:

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