Revised Code of Washington (RCW) (Last Updated: August 9, 2016) |
Title 18. BUSINESSES AND PROFESSIONS |
Chapter 18.100. Professional service corporations. |
Section 18.100.118. Eligibility of certain representatives and transferees to serve as directors, officers, or shareholders.
Latest version.
- If all of the outstanding shares of a professional corporation are held by an administrator, executor, guardian, conservator, or receiver of the estate of a former shareholder, or by a transferee who received such shares by operation of law or court decree, such administrator, executor, guardian, conservator, receiver, or transferee for a period of twelve months following receipt or transfer of such shares may be a director, officer, or shareholder of the professional corporation.