04 Oct Washington’s Nonprofit Corporation Act
A new Washington Nonprofit Corporation Act, codified in RCW 24.03A (the “New Act”) took effect on January 1, 2022, with changes applying retroactively. The New Act also applies to homeowners’ associations formed under Washington’s Nonprofit Corporation Act.The New Act clarifies the relationship between members in a membership nonprofit corporation and the organization, the rules with regard to governance by the...