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 32.32.080 - Uniform sales price of shares required-Application to specify arrangements on sale of shares not sold in subscription offering

Wash. Rev. Code § 32.32.080

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Current through Chapter 376 of the 2024 Regular Session
Section 32.32.080 - Uniform sales price of shares required-Application to specify arrangements on sale of shares not sold in subscription offering

The sales price of the shares of capital stock to be sold in the conversion shall be a uniform price determined in accordance with RCW 32.32.290, 32.32.305, and 32.32.325. The applicant shall specify in its conversion application the underwriting and/or other marketing arrangements to be made to assure the sale of all shares not sold in the subscription offering.

RCW 32.32.080

1981 c 85 § 15.