These documents are currently being revised to incorporate the changes made during the 2024 Legislative Session. Please consult the Sections Affected Table for changes made during the 2024 Legislative Session.
Authorized but unissued shares of capital stock—When shares become part of capital stock.
The authorized but unissued shares shall not become a part of the capital stock until they have been issued and paid for.
NOTES:
Reviser's note: This section was amended by 1994 c 92 § 53 and by 1994 c 256 § 46, each without reference to the other. Both amendments are incorporated in the publication of this section pursuant to RCW
1.12.025(2). For rule of construction, see RCW
1.12.025(1).
Findings—Construction—1994 c 256: See RCW
43.320.007.