§ 31.24.005 Findings — Declarations — Intent
§ 31.24.010 Definitions
§ 31.24.020 Application — Contents — Articles of incorporation — Fees — Initial capital — Approval
§ 31.24.023 Filing articles of incorporation — Receipt of certificate of authority
§ 31.24.025 Fees — Director’s discretion
§ 31.24.030 Corporate powers
§ 31.24.066 Plan of assessment — Purpose — Requirements — Approval
§ 31.24.070 Powers of stockholders — Voting rights — Proxy voting — Plan of assessment — Dividends — Rules
§ 31.24.073 Aggregate limit on loans and investments — Single borrower or business
§ 31.24.075 Insider transactions
§ 31.24.080 Amendment of articles of incorporation — Director’s approval — Filing
§ 31.24.090 Board of directors — Officers and agents — Powers — Election — Meetings
§ 31.24.100 Minimum capital, surplus, undivided profits, and net earnings
§ 31.24.110 No receipt of money on deposit
§ 31.24.120 Examinations by director of financial institutions — Reports — Authority of director
§ 31.24.130 First meeting — Notice — Duties of incorporators
§ 31.24.140 Duration of business development company
§ 31.24.150 Dissolution — Method — Distribution of assets
§ 31.24.160 Credit of state not pledged
§ 31.24.170 Business development companies designated state development companies
§ 31.24.190 Formation of historic business development company for purpose of preservation of historic buildings, areas, or neighborhoods
§ 31.24.200 Insolvency and liquidation — Chapter 30.44 RCW
§ 31.24.205 Supervisory direction and conservatorship
§ 31.24.210 Mergers or consolidations — Application — Approval
§ 31.24.215 Conversion of development credit corporation — Application — Approval — Filing of articles — Certificate of authority
§ 31.24.220 Confidentiality and disclosure — Examinations
§ 31.24.225 Business as a limited liability company
§ 31.24.230 Simultaneous applications — Business development company and nondepository lender of certain loans — Procedure — Fees
§ 31.24.235 Rule making
§ 31.24.901 Short title
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Terms Used In Washington Code > Chapter 31.24 - Industrial development 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.
  • 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.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • 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.
  • 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
  • Personal property: All property that is not real property.
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
  • Quorum: The number of legislators that must be present to do business.