{"data":{"id":"us-wa/rcw-24.03a.720","jurisdiction":"us-wa","citation":"RCW 24.03A.720","heading":"Prohibition of financial benefit.","body":"A person who is a member, director, officer, interest holder, or otherwise affiliated with a charitable corporation or any other eligible entity with a charitable purpose may not receive a direct or indirect financial benefit in connection with a merger governed by RCW 24.03A.710 through 24.03A.750 to which the charitable corporation or unincorporated entity is a party unless the person is itself a charitable corporation, the federal government, a tribal government, a state or local government, a governmental subdivision, or an eligible entity that is organized exclusively for charitable purposes. This section does not apply to the receipt of reasonable compensation for services rendered.","path":["Title 24","Chapter 24.03A"],"source_url":"https://app.leg.wa.gov/rcw/default.aspx?cite=24.03A.720","current_through":"July 15, 2026","vintage":"","retrieved_at":"2026-09-06T01:39:38Z","sha256":"1c8ff1eaf804bce950e79806679fa8db67798b8520e0eb927272882f93482ac8","source_id":"us-wa","stale":false,"prev":"us-wa/rcw-24.03a.715","next":"us-wa/rcw-24.03a.725"},"notice":"GroundRules: Original legal text. Not legal advice."}