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18.100.110 Sale or transfer of shares.

WA Rev Code § 18.100.110 (2019) (N/A)
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RCW 18.100.110 Sale or transfer of shares.

No shareholder of a corporation organized as a professional corporation may sell or transfer his or her shares in such corporation except to the trustee of a qualified trust or another individual who is eligible to be a shareholder of such corporation. Any transfer of shares in violation of this section shall be void. However, nothing in this section prohibits the transfer of shares of a professional corporation by operation of law or court decree.

[ 1997 c 18 § 4; 1983 c 51 § 5; 1969 c 122 § 11.]

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