Washington Code 24.03A.930 – Procedure and effect of administrative dissolution
Current as of: 2023 | Check for updates
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(1) Administrative dissolution does not terminate, bar, or otherwise modify any claim against the administratively dissolved corporation.
Terms Used In Washington Code 24.03A.930
- Contract: A legal written agreement that becomes binding when signed.
- 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.
- 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
- Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
(2) A person is not liable in contract, tort, or otherwise solely by reason of being a director, officer, or member of a nonprofit corporation that was dissolved under RCW 24.03A.928 through 24.03A.942, with respect to the activities or affairs of the corporation that have been continued, without knowledge of the dissolution.
NOTES:
Effective date—2021 c 176: See note following RCW 24.03A.005.