Authorized but unissued shares of capital stock — When shares become part of capital stock.

RCW 30A.08.088
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
The authorized but unissued shares shall not become a part of the capital stock until they have been issued and paid for. The authorized but unissued shares shall not become a part of the capital stock until they have been issued and paid for.
Source: WA Statutes (Official Site)URL: https://app.leg.wa.gov/RCW/default.aspx?cite=30A.08&full=trueFetched: 6/29/2026

Starting a business in Washington? Washington LLC guide: costs and requirements