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Terms Used In Washington Code 23.100.0501

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Personal property: All property that is not real property.
(1) Is personal property;
(2) Consists of:
(a) Governance rights;
(b) Financial rights; and
(c) The right or obligation, if any, to do business with the limited cooperative association; and
(3) May be in certificated or uncertificated form.