# RCW 82.45.033: RCW 82.45.033: "Controlling interest" defined

> Washington · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S033

## Section

- **Citation:** RCW 82.45.033
- **Heading:** RCW 82.45.033: "Controlling interest" defined
- **Jurisdiction:** Washington
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Washington Code / Title 82 / Chapter 45 / Section 033

## Text

(1) As used in this chapter, the term "controlling interest" has the following meaning: (a) In the case of a profit corporation, either fifty percent or more of the total combined voting power of all classes of stock of the corporation entitled to vote, or fifty percent of the capital, profits, or beneficial interest in the voting stock of the corporation; and (b) In the case of any other corporation, or a partnership, association, trust, or other entity, fifty percent or more of the capital, profits, or beneficial interest in such corporation, partnership, association, trust, or other entity. (2) The department may, at the department's option, enforce the obligation of the seller under this chapter as provided in this subsection (2): (a) In the transfer or acquisition of a controlling interest as defined in subsection (1)(a) of this section, either against the corporation in which a controlling interest is transferred or acquired, against the person or persons who acquired the controlling interest in the corporation or, when the corporation is not a publicly traded company, against the person or persons who transferred the controlling interest in the corporation; and (b) In the transfer or acquisition of a controlling interest as defined in subsection (1)(b) of this section, either against the entity in which a controlling interest is transferred or acquired or against the person or persons who transferred or acquired the controlling interest in the entity.

## Nearby sections

- [RCW 82.45.010 RCW 82.45.010: "Sale" defined.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S010.md)
- [RCW 82.45.020 RCW 82.45.020: "Seller" defined.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S020.md)
- [RCW 82.45.030 RCW 82.45.030: "Selling price," "total consideration paid or contracted to be paid," defined.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S030.md)
- [RCW 82.45.032 RCW 82.45.032: Additional definitions.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S032.md)
- [RCW 82.45.033 RCW 82.45.033: "Controlling interest" defined.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S033.md)
- [RCW 82.45.035 RCW 82.45.035: Determining selling price of leases with option to purchase—Mining property—Payment, security when selling price not separately stated.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S035.md)
- [RCW 82.45.060 RCW 82.45.060: Tax on sale of property.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S060.md)
- [RCW 82.45.065 RCW 82.45.065: Tax preferences—Expiration dates.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S065.md)
- [RCW 82.45.070 RCW 82.45.070: Tax is lien on property—Enforcement.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S070.md)
- [RCW 82.45.080 RCW 82.45.080: Tax is seller's obligation—Choice of remedies.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S080.md)
- [RCW 82.45.090 RCW 82.45.090: Payment of tax and fee—Evidence of payment—Recording—Sale of beneficial interest.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S090.md)
- [RCW 82.45.100 RCW 82.45.100: Tax payable at time of sale—Interest, penalties on unpaid or delinquent taxes—Notice—Prohibition on certain assessments or refunds—Deposit of penalties.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S100.md)
- [RCW 82.45.105 RCW 82.45.105: Single-family residential property, tax credit when subsequent transfer of within nine months for like property.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S105.md)
- [RCW 82.45.150 RCW 82.45.150: Applicability of general administrative provisions—Departmental rules, scope—Real estate excise tax affidavit form—Departmental audit.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S150.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S033. Check the current official text before relying on it. Not legal advice.