Wash. Rev. Code § 33.48.260

Current through Chapter 376 of the 2024 Regular Session

Section 33.48.260 - Reduction of stock-Conditions

With the prior consent of the director, the stock of an association may be reduced by resolution of the board of directors approved by the vote or written consent of the holders of a majority in amount of the outstanding stock of the association to such amount as the director approves.

RCW 33.48.260

1994 c 92 § 491; 1982 c 3 § 108; 1973 c 130 § 16.

Severability-1982 c 3: See note following RCW 33.04.002.

Severability-1973 c 130: See note following RCW 33.24.350.