RCW 80.08.140
State not obligated.
No provision of this chapter, and no deed or act done or performed under or in connection therewith, shall be held or construed to obligate the state of Washington to pay or guarantee, in any manner whatsoever, any stock or stock certificate or other evidence of interest or ownership, or bond, note or other evidence of indebtedness, authorized, issued or executed under the provisions of this chapter.
[ 1961 c 14 § 80.08.140. Prior: 1933 c 151 § 14; RRS § 10439-14.]
Structure Revised Code of Washington
80.08.020 - Control vested in state.
80.08.030 - Authority to issue.
80.08.040 - Prior to issuance—Filing required—Contents—Request for order establishing compliance.
80.08.043 - Issuance of notes—Compliance with RCW 80.08.040—Exceptions.
80.08.047 - Commission may exempt certain issuances—Order or rule—Public interest.
80.08.080 - Capitalization of franchises or merger contracts prohibited.
80.08.090 - Accounting for disposition of proceeds.
80.08.100 - Issuance made contrary to this chapter—Penalties.
80.08.110 - Penalty against companies.
80.08.120 - Penalty against individuals.
80.08.130 - Assumption of obligation or liability—Compliance with filing requirements.
80.08.140 - State not obligated.
80.08.150 - Authority of commission—Not affected by requirements of this chapter.
80.08.160 - Small local exchange company—Chapter does not apply.