Washington § 31.24.190 - Formation of historic business development company for purpose of preservation of historic buildings, areas, or neighborhoods.

Full text of Washington Revised Code of Washington § 31.24.190 — Formation of historic business development company for purpose of preservation of historic buildings, areas, or neighborhoods., with citation guidance and answers to common questions.

§ 31.24.190. Formation of historic business development company for purpose of preservation of historic buildings, areas, or neighborhoods.

(1) In addition to the purposes specified in RCW 31.24.020 a historic business development company may be formed for one or more of the following purposes:
(a) To encourage and stimulate the preservation of historic buildings or historic commercial areas or neighborhoods by returning them to economically productive uses which are compatible with or enhance the historic character of such buildings, commercial areas, or neighborhoods;
(b) To stimulate and assist in the development of business or other activities which have an impact upon the preservation of historic buildings, commercial areas, or neighborhoods;
(c) To cooperate and act in conjunction with other organizations, public or private, in the promotion and advancement of historical preservation activities; and
(d) To provide financing through loans, investments of other business transactions for the promotion, development, and conduct of all kinds of business activity that encourages or relates to historic preservation.
(2) A historic business development company shall not engage in the broad economic and business promotion activities permitted by a general business development company.
(3) A general business development company may, in addition to all other activities permitted by this chapter, engage in those activities specifically permitted of a historic business development company organized under subsection (1) of this section.
[ 2006 c 87 s 20; 1973 1st ex.s. c 90 s 2.]

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 31.24.190

What does Revised Code of Washington § 31.24.190 cover?

Section 31.24.190 ("Formation of historic business development company for purpose of preservation of historic buildings, areas, or neighborhoods.") 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 § 31.24.190?

A common citation format is "Revised Code of Washington § 31.24.190" (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 § 31.24.190 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.

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