Wash. Rev. Code § 32.32.165

Current through Chapter 376 of the 2024 Regular Session
Section 32.32.165 - Stock option plan permitted-Reserved shares

A stock option plan may be adopted by the board of directors at the meeting at which the plan of conversion is voted upon. The number of shares reserved for the stock option plans should be limited to ten percent of the number of shares sold in the conversion.

RCW 32.32.165

1981 c 85 § 32.