76.04.115 - Articles of incorporation -- Requirements. - Washington Statutes

Articles of incorporation — Requirements.

Before any private corporation may enter into any contract under RCW 76.04.105, there shall be incorporated into the articles of incorporation or charter of such corporation a provision requiring that the corporation, out of its earnings or earned surplus, and in a manner satisfactory to the department, annually set apart funds to discharge any contract entered into between such corporation and the department.

[1986 c 100 § 12.]