{"data":{"id":"us-wa/rcw-23b.25.120","jurisdiction":"us-wa","citation":"RCW 23B.25.120","heading":"Shareholder dissent—Payment of fair value, when.","body":"In addition to the corporate actions set forth in RCW 23B.13.020(1), a shareholder is entitled to dissent from, and obtain payment of the fair value of the shareholder's shares in the event of, any of the following corporate actions:\n(1) An election by a corporation to become a social purpose corporation, which has become effective, to which the corporation is a party if shareholder approval was required for the election by RCW 23B.25.130 or the articles of incorporation;\n(2) An election to cease to be a social purpose corporation, which has become effective, to which the corporation is a party if shareholder approval was required for the election by RCW 23B.25.140 or the articles of incorporation, and the shareholder was entitled to vote on the election; and\n(3) An amendment of the social purpose corporation's articles of incorporation that would materially change one or more of the social purposes of the corporation.","path":["Title 23B","Chapter 23B.25"],"source_url":"https://app.leg.wa.gov/rcw/default.aspx?cite=23B.25.120","current_through":"July 15, 2026","vintage":"","retrieved_at":"2026-09-06T01:39:15Z","sha256":"b6d92f3419d0b7525c2eafef1a7d87185d334489ae565526098610fd64f27cd8","source_id":"us-wa","stale":false,"prev":"us-wa/rcw-23b.25.110","next":"us-wa/rcw-23b.25.130"},"notice":"GroundRules: Original legal text. Not legal advice."}
