Chapter 25.15 RCW
LIMITED LIABILITY COMPANIES
Sections
through 25.15.902 (as in existence on December 31, 2015) Repealed. (Effective January 1, 2016.)
ARTICLE I. GENERAL PROVISIONS
Definitions. (Effective January 1, 2016.)
Standards for electronic filingsRules. (Effective until January 1, 2016.)
Repealed. (Effective January 1, 2016.)
Name of limited liability company. (Effective January 1, 2016.)
Reserved name. (Effective January 1, 2016.)
Effect of limited liability company agreementNonwaivable provisions. (Effective January 1, 2016.)
Registered agent. (Effective January 1, 2016.)
Service of process, notice, or demand. (Effective January 1, 2016.)
Purpose and powers. (Effective January 1, 2016.)
Law of this state governs. (Effective January 1, 2016.)
Business transactions of member or manager with the limited liability company. (Effective January 1, 2016.)
General standardsLimitation of liability. (Effective January 1, 2016.)
Indemnification. (Effective January 1, 2016.)
Professional limited liability companies. (Effective January 1, 2016.)
Professional limited liability companyLicensing. (Effective January 1, 2016.)
Foreign professional limited liability company. (Effective January 1, 2016.)
Membership residency. (Effective January 1, 2016.)
Piercing the veil. (Effective January 1, 2016.)
ARTICLE II. FORMATION: CERTIFICATE OF
FORMATION, AMENDMENT, FILING, AND EXECUTION
FormationCertificate of formation. (Effective January 1, 2016.)
Amendment to certificate of formation. (Effective January 1, 2016.)
Restated certificate. (Effective January 1, 2016.)
Execution. (Effective January 1, 2016.)
Execution or amendment by judicial order. (Effective January 1, 2016.)
Duty of secretary of state to fileReview of refusal to file. (Effective January 1, 2016.)
Initial and annual reports. (Effective January 1, 2016.)
ARTICLE III. MEMBERS
Admission of members. (Effective January 1, 2016.)
Voting and classes of membership. (Effective January 1, 2016.)
Liability of members and managers to third parties. (Effective January 1, 2016.)
Member dissociation. (Effective January 1, 2016.)
Records and information. (Effective January 1, 2016.)
Remedies for breach of limited liability company agreement by member. (Effective January 1, 2016.)
ARTICLE IV. MANAGEMENT AND MANAGERS
Member-managed limited liability companies. (Effective January 1, 2016.)
Manager-managed limited liability companies. (Effective January 1, 2016.)
Delegation of rights and powers to manage. (Effective January 1, 2016.)
ManagerMember's rights and duties. (Effective January 1, 2016.)
Voting and classes of managers. (Effective January 1, 2016.)
Remedies for breach of limited liability company agreement by manager. (Effective January 1, 2016.)
Resignation of manager. (Effective January 1, 2016.)
Loss of sole remaining manager. (Effective January 1, 2016.)
ARTICLE V. CONTRIBUTIONS
Form of contribution. (Effective January 1, 2016.)
Liability for contribution. (Effective January 1, 2016.)
ARTICLE VI. DISTRIBUTIONS
Allocation of distributions. (Effective January 1, 2016.)
Interim distributions. (Effective January 1, 2016.)
Distribution following dissociation. (Effective January 1, 2016.)
Distribution in-kind. (Effective January 1, 2016.)
Right to distribution. (Effective January 1, 2016.)
Limitations on distribution. (Effective January 1, 2016.)
Liability for improper distributions. (Effective January 1, 2016.)
ARTICLE VII. ASSIGNMENT OF LIMITED LIABILITY
COMPANY INTERESTS
Nature of limited liability company interestCertificate of interest. (Effective January 1, 2016.)
Transfer of transferable interest. (Effective January 1, 2016.)
Rights of judgment creditor. (Effective January 1, 2016.)
ARTICLE VIII. DISSOLUTION
Dissolution. (Effective January 1, 2016.)
After dissolution under RCW 25.15.265. (Effective January 1, 2016.)
Judicial dissolution. (Effective January 1, 2016.)
Administrative dissolutionCommencement of proceeding. (Effective January 1, 2016.)
Administrative dissolutionNoticeOpportunity to correct deficiencies. (Effective until January 1, 2016.)
Repealed (Effective January 1, 2016.)
Administrative dissolutionReinstatement. (Effective January 1, 2016.)
Voluntary dissolutionRevocation of dissolutionWhen effectiveEffect. (Effective January 1, 2016.)
Winding up. (Effective January 1, 2016.)
Disposition of known claimsDefinition. (Effective January 1, 2016.)
Distribution of assets. (Effective January 1, 2016.)
Remedies available after distribution. (Effective January 1, 2016.)
ARTICLE IX. FOREIGN LIMITED LIABILITY COMPANIES
Law governing. (Effective January 1, 2016.)
Registration required. (Effective January 1, 2016.)
Issuance of registration. (Effective until January 1, 2016.)
Repealed. (Effective January 1, 2016.)
NameRegistered agent. (Effective January 1, 2016.)
Amendments to application. (Effective January 1, 2016.)
Withdrawal of registration. (Effective January 1, 2016.)
Doing business without registration. (Effective January 1, 2016.)
Enjoinder from doing business in this state. (Effective January 1, 2016.)
Activities not constituting transacting business. (Effective January 1, 2016.)
Service of process on registered foreign limited liability companies. (Effective January 1, 2016.)
Service of process on unregistered foreign limited liability companies. (Effective January 1, 2016.)
Termination of registration. (Effective January 1, 2016.)
Revocation of registrationProcedureNoticeCorrection of groundsCertificate of revocationAuthority of agent. (Effective until January 1, 2016.)
Repealed. (Effective January 1, 2016.)
ARTICLE X. DERIVATIVE ACTIONS
Right to bring action. (Effective January 1, 2016.)
Proper plaintiff. (Effective January 1, 2016.)
Complaint. (Effective January 1, 2016.)
Expenses. (Effective January 1, 2016.)
ARTICLE XI. MERGERS AND CONVERSIONS
Definitions. (Effective January 1, 2016.)
MergerPlan. (Effective January 1, 2016.)
MergerPlanApproval. (Effective January 1, 2016.)
Articles of mergerFilingEffective date. (Effective January 1, 2016.)
Effect of merger. (Effective January 1, 2016.)
Conversion. (Effective January 1, 2016.)
Action on plan of conversion by converting limited liability company. (Effective January 1, 2016.)
Filing required for conversionEffective date. (Effective January 1, 2016.)
Effect of conversion. (Effective January 1, 2016.)
Restrictions on approval of conversions. (Effective January 1, 2016.)
ARTICLE XII. DISSENTERS' RIGHTS
Definitions. (Effective January 1, 2016.)
MemberDissentPayment of fair value. (Effective January 1, 2016.)
Dissenters' rightsNoticeTiming. (Effective January 1, 2016.)
MemberDissentVoting restriction. (Effective January 1, 2016.)
MembersDissenters' noticeRequirement. (Effective January 1, 2016.)
MemberPayment demandEntitlement. (Effective January 1, 2016.)
Members' interestsTransfer restriction. (Effective January 1, 2016.)
Payment of fair valueRequirements for compliance. (Effective January 1, 2016.)
MergerNot effective within sixty daysTransfer restrictions. (Effective January 1, 2016.)
Dissenter's estimate of fair valueNotice. (Effective January 1, 2016.)
Unsettled demand for paymentProceedingPartiesAppraisers. (Effective January 1, 2016.)
Unsettled demand for paymentCostsFees and expenses of counsel. (Effective January 1, 2016.)
ARTICLE XIII. MISCELLANEOUS
Construction and application of chapter and limited liability company agreement. (Effective January 1, 2016.)
Applicable fees, charges, and penalties. (Effective January 1, 2016.)
Authority to adopt rules. (Effective January 1, 2016.)
Effective date2015 c 188. (Effective January 1, 2016.)
Short title. (Effective January 1, 2016.)
Chapter application. (Effective January 1, 2016.)