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22 chapters · 253 sections in this title.
RCW 23B.19.010 Legislative findings—Intent.
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The legislature finds that: (1) Corporations that offer employment and health, retirement, and other benefits to citizens of the state of Washington are vital to the economy of this state and the well-being of all of its citizens; (2) The welfare of the employees of these corpora…
RCW 23B.19.020 Definitions.
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The definitions in this section apply throughout this chapter unless the context clearly requires otherwise. (1) "Acquiring person" means a person or group of persons, other than the target corporation or a subsidiary of the target corporation, who is the beneficial owner of voti…
RCW 23B.19.030 Transaction excluded from chapter—Inadvertent acquisition.
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This chapter does not apply to a significant business transaction of a target corporation with an acquiring person of the target corporation which became an acquiring person inadvertently, if the acquiring person (1) as soon as practicable, divests itself of a sufficient amount o…
RCW 23B.19.040 Approval of significant business transaction required—Violation.
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(1)(a) Notwithstanding anything to the contrary contained in this title, a target corporation shall not for a period of five years following the acquiring person's share acquisition time engage in a significant business transaction unless: (i) It is exempted by RCW 23B.19.030; (i…
