Section 23B.25.120 - Shareholder dissent-Payment of fair value, whenIn addition to the corporate actions set forth in RCW 23B.13.020(1), a shareholder is entitled to dissent from, and obtain payment of the fair value of the shareholder's shares in the event of, any of the following corporate actions:
(1) An election by a corporation to become a social purpose corporation, which has become effective, to which the corporation is a party if shareholder approval was required for the election by RCW 23B.25.130 or the articles of incorporation;(2) An election to cease to be a social purpose corporation, which has become effective, to which the corporation is a party if shareholder approval was required for the election by RCW 23B.25.140 or the articles of incorporation, and the shareholder was entitled to vote on the election; and(3) An amendment of the social purpose corporation's articles of incorporation that would materially change one or more of the social purposes of the corporation.Added by 2012 c 215,§ 13, eff. 6/7/2012.