Revised Code of Washington - RCW Title 23B Washington Business Corporation Act - Section 23B.06.220 Liability of shareholders

§ 23B.06.220. Liability of shareholders

A purchaser from a corporation of its own shares is not liable to the corporation or its creditors with respect to the shares except to pay the consideration for which the shares were authorized to be issued under RCW 23B.06.210 or specified in the subscription agreement under RCW 23B.06.200.

[1989 c 165 § 50.]

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Last modified: April 7, 2009