RCW 81.08.140
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 § 81.08.140. Prior: 1933 c 151 § 14; RRS § 10439-14.]
Structure Revised Code of Washington
81.08.012 - "Evidence of indebtedness"—Limitation of term.
81.08.020 - Control vested in state.
81.08.030 - Authority to issue.
81.08.040 - Prior to issuance—Filing required—Contents.
81.08.080 - Capitalization of franchise or merger contract prohibited.
81.08.090 - Accounting for disposition of proceeds.
81.08.100 - Issuance made contrary to this chapter—Penalties.
81.08.110 - Penalty against company.
81.08.120 - Penalty against individual.
81.08.130 - Assumption of obligation or liability—Compliance with filing requirements.
81.08.140 - State not obligated.
81.08.150 - Authority of commission—Not affected by requirements of this chapter.