Court of Appeals of Washington November 19, 1979, 6845-1 (Schmitt v. Coad)

James, J.

This case concerns the applicability of Washington's real estate-business opportunity brokers statute, RCW 18.85, to the sale of a controlling stock interest in a corporation.

Defendant Thomas Coad owned stock in two closely held Snohomish County newspaper corporations, a majority interest in one and a minority interest in the other.