Wash. Rev. Code § 23.100.0804
Distributions
Washington · Revised Code of Washington Chapter 23.100 — Limited Cooperative Associations · Status: effective
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- Citation
- Wash. Rev. Code § 23.100.0804, Distributions, Washington, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1498047
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Full text
(1) Unless the organic rules otherwise provide and subject to RCW 23.100.0806, the board of directors may authorize, and the limited cooperative association may make, distributions to members.
(2) Unless the organic rules otherwise provide, distributions to members may be made in any form, including money, capital credits, allocated patronage equities, revolving fund certificates, and the limited cooperative association's own or other securities.