HB 2740 -
By Committee on Labor, Commerce, Research & Development
Strike everything after the enacting clause and insert the following:
"Sec. 1 RCW 68.20.010 and 1943 c 247 s 42 are each amended to
read as follows:
It is unlawful for any corporation, copartnership, firm, trust,
association, or individual to engage in or transact any of the
businesses of a cemetery within this state except by means of a
corporation or a limited liability company duly organized for that
purpose.
Sec. 2 RCW 68.20.020 and 1983 c 3 s 167 are each amended to read
as follows:
((Any private corporation authorized by its articles so to do,)) A
corporation or limited liability company may establish, maintain,
manage, improve, or operate a cemetery, and conduct any or all of the
((businesses)) business of a cemetery((, either for or without profit
to its members or stockholders. A nonprofit cemetery corporation may
be organized in the manner provided in chapter 24.03 RCW. A profit
corporation may be organized in the manner provided in the general
corporation laws of the state of Washington)) if authorized to do so by
its articles of incorporation or its certificate of formation. The
corporation may be organized as either a nonprofit or for-profit
entity.
Sec. 3 RCW 68.20.050 and 1943 c 247 s 59 are each amended to read
as follows:
((Unless otherwise limited by the law under which created[,]))
Cemetery authorities ((shall in the conduct of their business)) have
the same powers granted by law to corporations and limited liability
companies in general, including the right to contract ((such
pecuniary)) financial obligations ((within the limitation of general
law as may be required, and may)) and to secure them by mortgage, deed
of trust, or otherwise upon their property."
HB 2740 -
By Committee on Labor, Commerce, Research & Development
On page 1, line 1 of the title, after "cemeteries;" strike the remainder of the title and insert "and amending RCW 68.20.010, 68.20.020, and 68.20.050."
EFFECT: Clarifies that corporations and limited liability companies may operate cemeteries, and the corporations may be run on a nonprofit or for-profit basis.