Revised Code of Washington - RCW Title 23B Washington Business Corporation Act - Section 23B.03.010 Purposes

§ 23B.03.010. Purposes

(1) Every corporation incorporated under this title has the purpose of engaging in any lawful business unless a more limited purpose is set forth in the articles of incorporation.

(2) Corporations organized for the purposes of banking or engaging in business as an insurer shall not be organized under this title.

[1989 c 165 § 33.]

Sections:  23B.03.010  23B.03.020  23B.03.030  23B.03.040  Next

Last modified: April 7, 2009