Wash. Rev. Code § 24.03A.902

Current through Chapter 376 of the 2024 Regular Session
Section 24.03A.902 - Prohibition of financial benefit

A person who is a member or otherwise affiliated with a charitable corporation may not receive a direct or indirect financial benefit in connection with a disposition of assets governed by RCW 24.03A.885 through 24.03A.902 unless the person is a charitable corporation, the federal government, a tribal government, a state or local government, a governmental subdivision, or an unincorporated entity that has charitable purposes. This section does not apply to the receipt of reasonable compensation for services rendered.

RCW 24.03A.902

Added by 2021 c 176,§ 3405, eff. 1/1/2022.

Effective date- 2021 c 176 : See note following RCW 24.03A.005.