Washington Code > Chapter 57.04 – Formation and dissolution
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Terms Used In Washington Code > Chapter 57.04 - Formation and dissolution
- Adjourn: A motion to adjourn a legislative chamber or a committee, if passed, ends that day's session.
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- district: means a water-sewer district, a sewer district, or a water district. See Washington Code 57.02.001
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- person: may be construed to include the United States, this state, or any state or territory, or any public or private corporation or limited liability company, as well as an individual. See Washington Code 1.16.080