Washington § 23.86.090 - Amendments to articles.

Full text of Washington Revised Code of Washington § 23.86.090 — Amendments to articles., with citation guidance and answers to common questions.

§ 23.86.090. Amendments to articles.

The articles of incorporation may be amended by a majority vote of the members voting thereon, at any regular meeting or at any special meeting called for that purpose, after notice of the proposed amendment has been given to all members entitled to vote thereon, in the manner provided by the bylaws: PROVIDED, That if the total vote upon the proposed amendment shall be less than twenty-five percent of the total membership of the association, the amendment shall not be approved. At the meeting, members may vote upon the proposed amendment in person, or by written proxy, or by mailed ballot. The power to amend shall include the power to extend the period of its duration for a further definite time or perpetually, and also include the power to increase or diminish the amount of capital stock and the number of shares: PROVIDED, The amount of the capital stock shall not be diminished below the amount of the paid-up capital stock at the time such amendment is adopted. After the adoption of an amendment to its articles of incorporation, the association shall cause a copy of such amendment adopted to be recorded in the office of the secretary of state as provided in RCW 24.06.195.
[ 1989 c 307 s 23; 1982 c 35 s 174; 1981 c 297 s 32; 1961 c 34 s 2; 1913 c 19 s 6; RRS s 3909. Formerly RCW 23.56.090.]

Notes

Legislative finding—1989 c 307: See note following RCW 23.86.007.
Intent—Severability—Effective dates—Application—1982 c 35: See notes following RCW 43.07.160.
Severability—1981 c 297: See note following RCW 15.36.201.

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Frequently Asked Questions About Washington § 23.86.090

What does Revised Code of Washington § 23.86.090 cover?

Section 23.86.090 ("Amendments to articles.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

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