§ 33.48.150. Organizing permit -- Required
No subscriptions or funds from proposed stockholders of any proposed association, prior to its incorporation and prior to a decision by the director on its application for approval of its articles of incorporation, may be solicited or taken until a verified application for an organizing permit has been filed and a permit has been issued by the director authorizing such subscription or collection of funds and then, only in accordance with the terms of such permit.
[1994 c 92 § 481; 1973 c 130 § 6.]
Notes:
Severability -- 1973 c 130: See note following RCW 33.24.350.
Definitions -- 1973 c 130: See RCW 33.24.350.
Sections: Previous 33.48.080 33.48.090 33.48.100 33.48.110 33.48.120 33.48.130 33.48.140 33.48.150 33.48.160 33.48.170 33.48.180 33.48.190 33.48.200 33.48.210 33.48.220 Next
Last modified: April 7, 2009