RCW 24.24.050
Bylaws.
Every such corporation shall have full power and authority to provide by its bylaws for the manner in which such certificates of participation of its certificates or shares of stock shall be held and represented, and may also in like manner provide, that its shares of stock shall not be transferred to, or be held or owned by any person, or by any corporation other than a chartered body of the order or society represented in its membership.
[ 1927 c 190 § 5; RRS § 3887-5.]
Structure Revised Code of Washington
Title 24 - Corporations and Associations (Nonprofit)
Chapter 24.24 - Building Corporations Composed of Fraternal Society Members.
24.24.010 - Who may incorporate—Filing fee.
24.24.015 - Fees for services by secretary of state.
24.24.020 - Articles—Contents.
24.24.040 - Membership certificates.
24.24.060 - Membership—Trustees—Elections.
24.24.070 - Control of business—Officers.
24.24.080 - Right of corporations under the statutes.
24.24.090 - Certificates of capital stock.
24.24.110 - Exemption from ordinary corporate taxes.
24.24.120 - Indemnification of agents of any corporation authorized.