Washington Approval of Indemnification Agreements with article amendment and amendment to bylaws
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How to fill out Approval Of Indemnification Agreements With Article Amendment And Amendment To Bylaws?
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The New Act includes a comprehensive set of provisions setting out the relationship between a nonprofit corporation and its members, including rules governing members' rights and duties, notices to members, membership meetings, voting by members, and inspection rights.
Requirement for and duties of board of directors. (1) Each corporation must have a board of directors, except that a corporation may dispense with or limit the authority of its board of directors by describing in its articles of incorporation, or in a shareholders' agreement authorized by RCW 23B.
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.
501(c)(3) public charities must have at least 3 board members. Youth under the age of 18 may serve on a board. A board may have either 3 youth directors, or ? of the total number directors on the board may be youth ? whichever number is fewer.
(1) A limited liability company may indemnify any member or manager from and against any judgments, settlements, penalties, fines, or expenses incurred in a proceeding or obligate itself to advance or reimburse expenses incurred in a proceeding to which a person is a party because such person is, or was, a member or a ...
Registration requirements If a nonprofit organization conducts taxable business activities in Washington, or if it is required to collect retail sales tax or any other tax or fee administered by the Department, then it must register.
(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.