RCW 24.36.290
Appraisal of expelled member's property—Payment.
In case of the expulsion of a member, and where the bylaws do not provide any procedure or penalty, the board of directors shall equitably and conclusively appraise his or her property interest in the association and shall fix the amount thereof in money, which shall be paid to him or her within one year after such expulsion.
[ 2011 c 336 § 680; 1959 c 312 § 29.]
Structure Revised Code of Washington
Title 24 - Corporations and Associations (Nonprofit)
Chapter 24.36 - Fish Marketing Act.
24.36.020 - Declaration of purpose.
24.36.040 - Associations deemed nonprofit.
24.36.050 - General laws relating to corporations for profit applicable.
24.36.055 - Fees for services by secretary of state.
24.36.060 - Securities act inapplicable.
24.36.070 - Associations deemed not a conspiracy, in restraint of trade, etc.—Contracts not illegal.
24.36.080 - Conflicting laws not applicable—Exemptions apply.
24.36.090 - Merger, consolidation of associations authorized—Procedure.
24.36.100 - Stock associations—Statement in articles.
24.36.110 - Stock associations—Classified shares—Statement in articles.
24.36.120 - Nonstock associations—Statement in articles.
24.36.130 - Bylaws of association.
24.36.140 - Bylaws of association—Transfer of stock, membership certificates limited.
24.36.150 - Bylaws of association—Quorum, voting, directors, penalties.
24.36.160 - Bylaws of association—Fees, charges, marketing contract, dividends.
24.36.170 - Bylaws of association—Membership.
24.36.180 - Bylaws of association—Meetings.
24.36.190 - Bylaws of association—Direct election of directors from districts of territory.
24.36.210 - Bylaws of association—Primary elections to nominate directors.
24.36.230 - Bylaws of association—Terms of directors—Staggering.
24.36.240 - Bylaws of association—Executive committee.
24.36.250 - Qualifications of members, stockholders.
24.36.260 - Certificate of membership in nonstock associations.
24.36.270 - Liability of member for association's debts.
24.36.280 - Place of membership meetings.
24.36.290 - Appraisal of expelled member's property—Payment.
24.36.300 - Powers of association—General scope of activities.
24.36.310 - Powers of association—Incurring indebtedness—Advances to members.
24.36.320 - Association as agent for member.
24.36.330 - Reserves—Investments.
24.36.340 - Powers relating to capital stock or bonds of other corporations or associations.
24.36.350 - Powers relating to real or personal property.
24.36.360 - Levy of assessments.
24.36.370 - General powers, rights, privileges of association.
24.36.380 - Use of association's facilities—Disposition of proceeds.
24.36.400 - Contracts and agreements with other corporations or associations—Joint operations.
24.36.410 - Marketing contracts with members.
24.36.420 - When title passes on sale by member to association.
24.36.430 - Association may sell products without taking title—Powers and duties.
24.36.440 - Liability of member for breach of marketing contract.
24.36.450 - Injunctions, specific performance if breach or threatened breach by member.
24.36.470 - Enforcement by association to secure delivery by member.