§ 23.78.010 Definitions
§ 23.78.020 Election by corporation to be governed as an employee cooperative — Laws governing
§ 23.78.030 Revocation of election
§ 23.78.040 Corporate name
§ 23.78.050 Members — Membership shares
§ 23.78.060 Right to vote — Power to amend or repeal bylaws — Right to amend articles of incorporation
§ 23.78.070 Net earnings or losses — Apportionment, distribution, and payment
§ 23.78.080 Internal capital accounts authorized — Redemptions — Assignment of portion of retained net earnings and net losses to collective reserve account authorized
§ 23.78.090 Internal capital account cooperatives
§ 23.78.100 Provision for conversion of shares and accounts — Limitations upon merger
§ 23.78.900 Short title
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Terms Used In Washington Code > Chapter 23.78 - Employee cooperative corporations

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • 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