HomeMy WebLinkAboutExecuted Articles of Incorporation for Association - Solera CondominiumArticles of Incorporation page 1
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ARTICLES OF INCORPORATION
OF
SOLERA CONDOMINIUM ASSOCIATION
The undersigned, acting as incorporator of a corporation under the Washington
Nonprofit Corporation Act (Ch. 24.03A RCW), adopts the following Articles of
Incorporation for the corporation.
ARTICLE 1.
NAME
The name of this corporation is Solera Condominium Association (“Association”).
ARTICLE 2.
DURATION
The duration of this Association is perpetual.
ARTICLE 3.
PURPOSES
This Association is organized as a non-charitable nonprofit to provide an entity
pursuant to the Washington Uniform Common Interest Ownership Act, Ch. 64.90 RCW,
hereinafter referred to as “WUCIOA,” for the operation of Solera Condominium (the
“Condominium”) located in the City of Renton, King County, Washington, and to engage
in all such activities as are incidental or conducive to the attainment of the objectives of
the Association and all activities which are permitted to be done by a nonprofit corporation
under any laws that may now or hereafter be applicable or available to this Association.
The powers of this Association shall be subject to and shall be exercised in accordance
with WUCIOA and the provisions of the Condominium Declaration for the Condominium,
as it may from time to time be amended, hereinafter referred to as the “Declaration.”
ARTICLE 4.
GROSS REVENUE
The gross revenue of the Association was less than $500,000 in the most recent
fiscal year.
ARTICLE 5.
DISSOLUTION
Upon dissolution or final liquidation of the Association, the assets of the
Association shall be distributed among the members of the Association in accordance with
WUCIOA and the Declaration.
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ARTICLE 6.
MEMBERS
The Association shall have one class of members, which shall consist of the owners
of the units at the Condominium. The rights, privileges, and obligations of the members
are set forth in WUCIOA, the Declaration, and the Bylaws of the Association.
ARTICLE 7.
REGISTERED OFFICE AND AGENT
The name of the initial registered agent of the Association is Solera Manager, LLC,
a Washington limited liability company. The address of the initial registered office of the
Association is 10900 NE 8th St Ste 1200, Bellevue, WA 98004.
ARTICLE 8.
DIRECTORS
The number of directors of this Association shall be fixed by the Bylaws and may
be increased or decreased from time to time in the manner specified therein. The initial
Board of Directors shall consist of one (1) director. The name and address of the initial
director is as follows:
Evan J. Hunden 10900 NE 8th St Ste 1200, Bellevue, WA 98004
ARTICLE 9.
LIMITATION OF LIABILITY
A director of the Association shall not be personally liable to the Association or its
members for monetary damages for conduct as a director, except for liability of the director
(a) for acts or omissions which involve intentional misconduct by the director or a knowing
violation of law by the director, (b) for any transaction from which the director will
personally receive a benefit in money, property or services to which the director is not
legally entitled, or (c) for conduct violating RCW 23B.08.310.
Any repeal or modification of this Article by the directors or members of the
Association shall not adversely affect any right or protection of any individual who is or
was a director of the Association which existed at the time of such repeal or modification.
ARTICLE 10.
INDEMNIFICATION
The Association shall indemnify any individual made a party to a proceeding
because that individual is or was a director or officer of the Association to the extent
provided in RCW 23B.17.030.
Any indemnification provided under this Article shall, unless limited by the terms
of the undertaking to indemnify, continue as to a person who has ceased to be a director,
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officer, employee, or agent and shall inure to the benefit of his or her heirs, executors, and
administrators.
Any repeal or modification of this Article by the directors or members of the
Association shall not adversely affect any right or protection of any individual who is or
was a director or officer of the Association existing at the time of such repeal or
modification.
ARTICLE 11.
AMENDMENT
Any amendment to these Articles of Incorporation shall require the approval of not
less than sixty percent (60%) of the votes of the members of the Association and such other
approvals as may be required in the Declaration.
ARTICLE 12.
INCORPORATOR
The name of the incorporator is Solera Manager, LLC, a Washington limited
liability company. Its address is 10900 NE 8th St Ste 1200, Bellevue, WA 98004.
EXECUTED as of ___________________, 2024.
Solera Manager, LLC,
a Washington limited liability company
Name: Evan J. Hunden
Its: Managing Member
August 27
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CONSENT TO APPOINTMENT AS REGISTERED AGENT
OF
SOLERA CONDOMINIUM ASSOCIATION
Solera Manager, LLC, a Washington limited liability company, hereby consents to
serve as Registered Agent in the State of Washington for Solera Condominium
Association, and understands that, as agent for the Association, it will be responsible to
receive service of process in the name of the Association; to forward all mail to the
Association; and to immediately notify the office of the Secretary of State in the event of
resignation, or of any changes in the registered office address of the Association.
DATED as of _____________________, 2024.
Solera Manager, LLC,
a Washington limited liability company
Name: Evan J. Hunden
Its: Managing Member
Address of Registered Agent: 10900 NE 8th St Ste 1200, Bellevue, WA 98004
August 27
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