Revised Code of Washington
2023 Archive

Chapter 31.24 RCW
INDUSTRIAL DEVELOPMENT CORPORATIONS
PDF of Chapter Digest
PDF of Complete Chapter
Sections
31.24.005FindingsDeclarationsIntent.
31.24.010Definitions.
31.24.020ApplicationContentsArticles of incorporationFeesInitial capitalApproval.
31.24.023Filing articles of incorporationReceipt of certificate of authority.
31.24.025FeesDirector's discretion.
31.24.030Corporate powers.
31.24.066Plan of assessmentPurposeRequirementsApproval.
31.24.070Powers of stockholdersVoting rightsProxy votingPlan of assessmentDividendsRules.
31.24.073Aggregate limit on loans and investmentsSingle borrower or business.
31.24.075Insider transactions.
31.24.080Amendment of articles of incorporationDirector's approvalFiling.
31.24.090Board of directorsOfficers and agentsPowersElectionMeetings.
31.24.100Minimum capital, surplus, undivided profits, and net earnings.
31.24.110No receipt of money on deposit.
31.24.120Examinations by director of financial institutionsReportsAuthority of director.
31.24.130First meetingNoticeDuties of incorporators.
31.24.140Duration of business development company.
31.24.150DissolutionMethodDistribution of assets.
31.24.160Credit of state not pledged.
31.24.170Business development companies designated state development companies.
31.24.190Formation of historic business development company for purpose of preservation of historic buildings, areas, or neighborhoods.
31.24.200Insolvency and liquidationChapter 30.44 RCW.
31.24.205Supervisory direction and conservatorship.
31.24.210Mergers or consolidationsApplicationApproval.
31.24.215Conversion of development credit corporationApplicationApprovalFiling of articlesCertificate of authority.
31.24.220Confidentiality and disclosureExaminations.
31.24.225Business as a limited liability company.
31.24.230Simultaneous applicationsBusiness development company and nondepository lender of certain loansProcedureFees.
31.24.235Rule making.
31.24.901Short title.
NOTES:
Economic development finance authority: RCW 43.163.080.