§ 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.
[1959 c 213 § 4.]
Sections: Previous 31.20.010 31.20.020 31.20.030 31.20.040 31.20.050 31.20.060 31.20.070 31.20.080 31.20.090 31.20.100 31.20.110 31.20.120 31.20.130 31.20.140 NextLast modified: April 7, 2009