Revised Code of Washington
Chapter 23B.08 - Directors and Officers.
23B.08.600 - Report to shareholders.

RCW 23B.08.600
Report to shareholders.

If a corporation indemnifies or advances expenses to a director under RCW 23B.08.510, 23B.08.520, 23B.08.530, 23B.08.540, or 23B.08.560 in connection with a proceeding by or in the right of the corporation, the corporation shall report the indemnification or advance in the form of a notice to the shareholders delivered with or before the notice of the next shareholders' meeting.

[ 2002 c 297 § 32; 1989 c 165 § 115.]

Structure Revised Code of Washington

Revised Code of Washington

Title 23B - Washington Business Corporation Act

Chapter 23B.08 - Directors and Officers.

23B.08.010 - Requirement for and duties of board of directors.

23B.08.020 - Qualifications of directors.

23B.08.030 - Number and election of directors.

23B.08.040 - Election of directors by certain classes or series of shares.

23B.08.050 - Terms of directors—Generally.

23B.08.060 - Staggered terms for directors.

23B.08.070 - Resignation of directors.

23B.08.080 - Removal of directors by shareholders.

23B.08.090 - Removal of directors by judicial proceeding.

23B.08.100 - Vacancy on board of directors.

23B.08.110 - Compensation of directors.

23B.08.120 - Gender-diverse board of directors—Board diversity discussion and analysis—Remedy for failure to comply.

23B.08.200 - Regular or special meetings of the board.

23B.08.210 - Corporate action without meeting.

23B.08.220 - Notice of meeting.

23B.08.230 - Waiver of notice.

23B.08.240 - Quorum and voting.

23B.08.245 - Corporate action—Vote of shareholders.

23B.08.250 - Committees.

23B.08.300 - General standards for directors.

23B.08.310 - Liability for unlawful distributions.

23B.08.320 - Limitation on liability of directors.

23B.08.400 - Officers.

23B.08.410 - Duties of officers.

23B.08.420 - Standards of conduct for officers.

23B.08.430 - Resignation and removal of officers.

23B.08.440 - Contract rights of officers.

23B.08.500 - Indemnification definitions.

23B.08.510 - Authority to indemnify.

23B.08.520 - Mandatory indemnification.

23B.08.530 - Advance for expenses.

23B.08.540 - Court-ordered indemnification.

23B.08.550 - Determination and authorization of indemnification.

23B.08.560 - Shareholder authorized indemnification and advancement of expenses.

23B.08.570 - Indemnification of officers, employees, and agents.

23B.08.580 - Insurance.

23B.08.590 - Validity of indemnification or advance for expenses.

23B.08.600 - Report to shareholders.

23B.08.603 - Indemnification or advance for expenses—Later amendment or repeal of subject provision.

23B.08.700 - Definitions.

23B.08.710 - Judicial action.

23B.08.720 - Directors' action.

23B.08.730 - Shareholders' action.

23B.08.735 - Pursuit of business opportunities—Duty to corporation.

23B.08.900 - Construction—Chapter applicable to state registered domestic partnerships—2009 c 521.