SSB 5786: Making updates to the Washington business corporation act.
Signed into law: Chapter 22, Laws of 2024
- Sponsor
- Pedersen
- Introduced
- January 8, 2024
- Status
- C 22 L 24
- Last action
- Effective date 6/6/2024. (March 13, 2024)
- As of
- August 18, 2026, 2:03 AM Pacific, from the Legislature’s records
What this bill does
Replaces the chapter on mergers and share exchanges in the Washington Business Corporation Act with a new chapter that substantially mirrors provisions in the current version of the Model Business Corporation Act. Makes various changes to definitions and quorum, voting, and shareholder approval requirements to conform the Washington Business Corporation Act with the Model Business Corporation Act.
From the Washington State Legislature's nonpartisan staff bill analysis. Read the full analysis ↗
Floor votes
- House: 3rd Reading & Final Passage · February 27, 202494 yea · 0 nay · 4 not voting
- Senate: 3rd Reading & Final Passage · February 6, 202449 yea · 0 nay
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