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(1) A membership corporation shall give notice to the members of the date, time, and place of each annual, regular, or special meeting of the members.
The new statutes provide for email notifications, updated electronic meeting rules, and other changes to reflect current best practices in our sector. Most nonprofits don't have to do anything at all. The new law helps to set defaults and standards that many nonprofits have already put in place.
215 Sale, lease, exchange, or other disposition of assets not in the ordinary course of business. [2004 c 265 § 22; 1986 c 240 § 36; 1967 c 235 § 44.] Repealed by 2021 c 176 § 5301, effective January 1, 2022.
A common example of a UWC is a Unanimous Written Consent in Lieu of an Organizational Meeting, which is used to approve an entity's bylaws or Operating/Company Agreement, and other things requiring unanimous consent, without a formal meeting.
(1) Unless the articles of incorporation or bylaws provide otherwise, corporate action required or permitted by this title to be approved at a board of directors' meeting may be approved without a meeting if the corporate action is approved by all members of the board.
The state of Washington recognizes two basic types of nonprofit organizations: Public Benefit Corporation. Nonprofits organized for the benefit of the general public or a large segment of the public, as opposed to a group of private individuals, are public benefit corporations.