{"data":{"id":"us-wa/rcw-23.100.1005","jurisdiction":"us-wa","citation":"RCW 23.100.1005","heading":"Voluntary dissolution by the board and members.","body":"(1) Except as otherwise provided in RCW 23.100.1004, for a limited cooperative association to voluntarily dissolve:\n(a) A resolution to dissolve must be approved by a majority vote of the board of directors unless a greater percentage is required by the organic rules;\n(b) The board of directors must call a members meeting to consider the resolution, to be held not later than ninety days after adoption of the resolution; and\n(c) Subject to RCW 23.100.0419, the board of directors must mail or otherwise transmit or deliver to each member in a record that complies with RCW 23.100.0408:\n(i) The resolution required by (a) of this subsection;\n(ii) A recommendation that the members vote in favor of the resolution or, if the board determines that because of conflict of interest or other special circumstances it should not make a favorable recommendation, the basis of that determination; and\n(iii) Notice of the members meeting, which must be given in the same manner as notice of a special meeting of members.\n(2) Subject to subsection (3) of this section, a resolution to dissolve must be approved by:\n(a) At least two-thirds of the voting power of members present at a members meeting called under subsection (1)(b) of this section; and\n(b) If the limited cooperative association has investor members, at least a majority of the votes cast by patron members, unless the organic rules require a greater percentage.\n(3) The organic rules may require that the percentage of votes under subsection (2)(a) of this section is:\n(a) A different percentage that is not less than a majority of members voting at the meeting;\n(b) Measured against the voting power of all members; or\n(c) A combination of (a) and (b) of this subsection.","path":["Title 23","Chapter 23.100"],"source_url":"https://app.leg.wa.gov/rcw/default.aspx?cite=23.100.1005","current_through":"July 15, 2026","vintage":"","retrieved_at":"2026-09-06T01:37:38Z","sha256":"01634fe4e25107f8307b5c57262c0a8988fd753150a4b68cef72aea7ae186860","source_id":"us-wa","stale":false,"prev":"us-wa/rcw-23.100.1004","next":"us-wa/rcw-23.100.1006"},"notice":"GroundRules: Original legal text. Not legal advice."}