6182-S AMH LJ H5354.1

SSB 6182 - H COMM AMD ADOPTED 3-04-98

By Committee on Law & Justice

    On page 5, after line 29, insert the following:

    "Sec. 6.  RCW 18.100.114 and 1983 c 51 s 8 are each amended to read as follows:

    (((1))) A corporation organized under this chapter may merge or consolidate with another corporation, domestic or foreign, organized to render the same specific professional services, only if every shareholder of each corporation is eligible to be a shareholder of the surviving or new corporation.

    (((2) Upon the merger or consolidation of a corporation organized under this chapter, the surviving or new corporation, as the case may be, may render professional services in this state only if it is organized under, and complies with, the provisions of this chapter.))

NEW SECTION. Sec. 7.  A new section is added to chapter 18.100 RCW to read as follows:

    A foreign professional corporation may render professional services in this state so long as it complies with chapter 23B.15 RCW and each individual rendering professional services in this state is duly licensed or otherwise legally authorized to render such professional services within this state."

    Correct the title.

EFFECT:  Authorizes a foreign corporation, whether or not created by merger, to operate in Washington if the corporation complies with the foreign corporation act and renders services through individuals licensed to practice in Washington.

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