Washington § 23.86.105 - Member liability — Termination.

Full text of Washington Revised Code of Washington § 23.86.105 — Member liability — Termination., with citation guidance and answers to common questions.

§ 23.86.105. Member liability — Termination.

(1) Except for debts lawfully contracted between a member and the association, no member shall be liable for the debts of the association to an amount exceeding the sum remaining unpaid on his or her membership fee or subscription to capital stock.
(2) Membership may be terminated under provisions, rules, or regulations prescribed in the articles of incorporation or bylaws. In the absence thereof, the board of directors may prescribe such provisions, rules, and regulations.
[ 1989 c 307 s 19.]

Notes

Legislative finding—1989 c 307: See note following RCW 23.86.007.

Frequently Asked Questions About Washington § 23.86.105

What does Revised Code of Washington § 23.86.105 cover?

Section 23.86.105 ("Member liability — Termination.") 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.

How do I cite Washington § 23.86.105?

A common citation format is "Revised Code of Washington § 23.86.105" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 23.86.105 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Washington.