Revised Code of Washington - RCW Title 32 Mutual Savings Banks - Section 32.32.070 Limitation on purchase of shares by officers, directors, and their associates -- Amount

§ 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.

[1981 c 85 § 13.]

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Last modified: April 7, 2009