33.48.220 – Recitation in permit to take subscriptions for stock.
RCW 33.48.220 Recitation in permit to take subscriptions for stock. Every permit to take subscriptions for stock shall recite in bold face type that the issuance thereof is permissive only and does not constitute a recommendation or endorsement of the stock permitted to be issued. [ 1982 c 3 § 104; 1973 c 130 § […]
33.48.230 – Sales of stock—Imposition of conditions.
RCW 33.48.230 Sales of stock—Imposition of conditions. With respect to sales of stock by an association, the director may impose conditions requiring the impoundment of the proceeds from the sale of stock, limiting the expense in connection with the sale of such stock, and other conditions as he or she deems reasonable and necessary or […]
33.48.240 – Organizing permit—Amendment, alteration, suspension, or revocation by director—Grounds.
RCW 33.48.240 Organizing permit—Amendment, alteration, suspension, or revocation by director—Grounds. The director may amend, alter, suspend, or revoke any permit issued under RCW 33.48.150 if there is a violation of the terms and conditions of the permit or if the director determines that the subscription or proposed issue and sale is no longer fair, just, […]
33.48.250 – Purchase by association of stock issued by it—Conditions.
RCW 33.48.250 Purchase by association of stock issued by it—Conditions. An association may purchase stock issued by it in an amount not to exceed the amount of earned surplus or undivided profits available for dividends on its stock if: The stock so purchased is included for federal estate tax purposes in determining the gross estate […]
33.48.260 – Reduction of stock—Conditions.
RCW 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 […]
33.48.270 – Reduction of stock—Disposition of surplus.
RCW 33.48.270 Reduction of stock—Disposition of surplus. Any surplus resulting from reduction of stock shall not be available for dividends or other distribution to stockholders except upon liquidation. [ 1982 c 3 § 109; 1973 c 130 § 17.] NOTES: Severability—1982 c 3: See note following RCW 33.04.002. Severability—1973 c 130: See note following RCW […]
33.48.280 – Paid-in or contributed surplus or surplus created by reduction of stock—Application and uses.
RCW 33.48.280 Paid-in or contributed surplus or surplus created by reduction of stock—Application and uses. An association may, by action of its board of directors and with the prior approval of the director, apply any part or all of any paid-in or contributed surplus or any surplus created by reduction of stock to the reduction […]
33.48.290 – RCW 33.48.150 through 33.48.280 inapplicable to foreign associations.
RCW 33.48.290 RCW 33.48.150 through 33.48.280 inapplicable to foreign associations. RCW 33.48.150 through 33.48.280 do not apply to foreign associations doing business in this state pursuant to the provisions of chapter 33.32 RCW. [ 1982 c 3 § 111; 1973 c 130 § 19.] NOTES: Severability—1982 c 3: See note following RCW 33.04.002. Severability—1973 c […]
33.48.320 – Waiver of chapter requirements.
RCW 33.48.320 Waiver of chapter requirements. If, in the opinion of the director, it is necessary for any of the requirements of this chapter to be waived in order to permit an association which is in danger of failing to convert its charter from a mutual association to a stock association or from a stock […]
33.48.200 – Permit authorizing sale of stock—Application—Contents.
RCW 33.48.200 Permit authorizing sale of stock—Application—Contents. An application for a permit to sell stock shall be in writing and shall be filed in the office of the director by the association. The application shall include the following: (1) Regarding the association: (a) The names and addresses of its officers; (b) The location of its […]