Unrestricted gifts.

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Giving a gift to a nonprofit corporation, including a charitable corporation, without a gift instrument transfers complete ownership of the gift to the nonprofit corporation. A restricted gift to a nonprofit corporation is created only by a gift instrument.

[ 2021 c 176 § 1501.]

NOTES:

Effective date—2021 c 176: See note following RCW 24.03A.005.


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