Statutes, codes, and regulations
Revised Code of Washington
Title 32 - WASHINGTON SAVINGS BANK ACT
Chapter 32.32 - CONVERSION OF MUTUAL SAVINGS BANK TO CAPITAL STOCK SAVINGS BANK
Section 32.32.070 - Limitation on purchase of shares by officers, directors, and their associates-Amount

Wash. Rev. Code § 32.32.070

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Current through 2024
Section 32.32.070 - Limitation on purchase of shares by officers, directors, and their associates-Amount

The number of shares which officers and directors of the converting savings bank and their associates may purchase in the conversion shall not exceed twenty-five percent of the total offering of shares.

RCW 32.32.070

1981 c 85 § 13.