For purposes of this chapter:

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Terms Used In Washington Code 43.23.001

  • 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.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(1) “Department” means department of agriculture;
(2) “Person” means any individual, partnership, association, corporation, or organized group of persons whether or not incorporated.

NOTES:

Effective date1995 c 374 §§ 1-47, 50-53, and 59-68: See note following RCW 15.36.012.