Revised Code of Washington
Chapter 18.100 - Professional Service Corporations.
18.100.090 - Stock issuance.

RCW 18.100.090
Stock issuance.

Except as otherwise provided in RCW 18.100.118, no professional corporation organized under the provisions of this chapter may issue any of its capital stock to anyone other than the trustee of a qualified trust or an individual who is duly licensed or otherwise legally authorized to render the same specific professional services within this or any other state as those for which the corporation was incorporated.

[ 1998 c 293 § 3; 1997 c 18 § 2; 1983 c 51 § 4; 1969 c 122 § 9.]

Structure Revised Code of Washington

Revised Code of Washington

Title 18 - Businesses and Professions

Chapter 18.100 - Professional Service Corporations.

18.100.010 - Legislative intent.

18.100.020 - Short title.

18.100.030 - Definitions.

18.100.040 - Application of chapter to previously organized corporations.

18.100.050 - Organization of professional service corporations authorized generally—Architects, engineers, and health care professionals—Nonprofit corporations.

18.100.060 - Rendering of services by authorized individuals.

18.100.065 - Authority of directors, officers to render same services as corporation.

18.100.070 - Professional relationships and liabilities preserved.

18.100.080 - Engaging in other business prohibited—Investments.

18.100.090 - Stock issuance.

18.100.095 - Validity of share voting agreements.

18.100.100 - Legal qualification of officer, shareholder or employee to render professional service, effect.

18.100.110 - Sale or transfer of shares.

18.100.114 - Merger or consolidation.

18.100.116 - Death of shareholder, transfer to ineligible person—Treatment of shares.

18.100.118 - Eligibility of certain representatives and transferees to serve as directors, officers, or shareholders.

18.100.120 - Name—Listing of shareholders.

18.100.130 - Application of Business Corporation Act and Nonprofit Corporation Act.

18.100.132 - Nonprofit professional service corporations formed under prior law.

18.100.133 - Business corporations, election of this chapter.

18.100.134 - Professional services—Deletion from stated purposes of corporation.

18.100.140 - Improper conduct not authorized.

18.100.145 - Doctor of osteopathic medicine and surgery—Discrimination prohibited.

18.100.160 - Foreign professional corporation.