Repurchase of memberships.

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A membership corporation that is not a charitable corporation may repurchase any of its memberships or any right arising therefrom only if it is so provided in the articles or bylaws. A membership corporation that is a charitable corporation may not repurchase any of its memberships or any right arising therefrom.

[ 2021 c 176 § 2114.]

NOTES:

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


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