Wash. Rev. Code § 31.20.040

Current through the 2024 Regular Session
Section 31.20.040 - Minimum capital stock

No development credit corporation shall be organized with a capital stock of less than twenty-five thousand dollars, which shall be paid into the treasury of the corporation in cash before the corporation shall be authorized to transact any business other than such as relates to its organization.

RCW 31.20.040

1959 c 213 § 4.