Chapter 32.32. Conversion of mutual savings bank to capital stock savings bank.  


Section 32.32.010. Chapter exclusive—Prohibition on conversion without approval—Waiver of requirements.
Section 32.32.015. Forms.
Section 32.32.020. Request of noncompliance—Requirements.
Section 32.32.025. Definitions.
Section 32.32.030. Prohibition on approval of certain applications for conversion.
Section 32.32.035. Requirements of plan of conversion.
Section 32.32.040. Issuance of capital stock—Price.
Section 32.32.042. Shares—Certificate not required.
Section 32.32.045. Stock purchase subscription rights—Eligible account holders.
Section 32.32.050. Stock purchase subscription rights received by officers, directors, and their associates—Subordination.
Section 32.32.055. Supplemental share purchase subscription rights—Supplemental eligible account holder—Conditions.
Section 32.32.060. Sale of shares not sold in subscription offering—Methods—Conditions.
Section 32.32.065. Limitation on subscription and purchase of shares by person with associate or group—Amount.
Section 32.32.070. Limitation on purchase of shares by officers, directors, and their associates—Amount.
Section 32.32.075. Prohibition on purchase of shares by officers, directors, and their associates—Exception.
Section 32.32.080. Uniform sales price of shares required—Application to specify arrangements on sale of shares not sold in subscription offering.
Section 32.32.085. Savings account holder to receive withdrawable savings account(s)—Amount.
Section 32.32.090. Liquidation account—Establishment and maintenance required.
Section 32.32.095. Establishment of eligibility record date required.
Section 32.32.100. Capital stock—Voting rights.
Section 32.32.105. Amendment and termination of plan of conversion.
Section 32.32.110. Restriction on sale of shares of stock by directors and officers.
Section 32.32.115. Conditions on shares of stock subject to restriction on sale.
Section 32.32.120. Registration of securities—Marketing of securities—Listing of shares on securities exchange or NASDAQ quotation system.
Section 32.32.125. Reasonable expenses required.
Section 32.32.130. Plan of conversion—Prohibited provisions.
Section 32.32.135. Plan of conversion—Permissible provisions.
Section 32.32.140. Purchase of certain shares of stock by directors, officers, and employees permitted—Conditions.
Section 32.32.145. Receipt of certain subscription rights by account holders permitted—Amount—Conditions.
Section 32.32.150. Permissible sales of insignificant residue of shares.
Section 32.32.155. Limitation on number of shares subscribed in subscription offering permitted.
Section 32.32.160. Minimum purchase requirement in exercise of subscription rights permitted.
Section 32.32.165. Stock option plan permitted—Reserved shares.
Section 32.32.170. Issuance of securities in lieu of capital stock permitted—References to capital stock.
Section 32.32.175. Approval of other equitable provisions.
Section 32.32.180. Amount of qualifying deposit of eligible account holder or supplemental eligible account holder.
Section 32.32.185. Liquidation account—Establishment required—Amount—Function.
Section 32.32.190. Liquidation account—Maintenance required—Subaccounts.
Section 32.32.195. Liquidation account—Distribution upon complete liquidation.
Section 32.32.200. Liquidation account—Determination of subaccount balances.
Section 32.32.205. Reduction of subaccount balance.
Section 32.32.210. Converted savings bank prohibited from repurchasing its stock without approval.
Section 32.32.215. Limitation on cash dividends.
Section 32.32.220. Limitation on certain cash dividends within ten years of conversion.
Section 32.32.222. Dividends on preferred stock.
Section 32.32.225. Prohibitions on offer, sale, or purchase of securities.
Section 32.32.228. Acquisition of control of a converted savings bank—State reciprocity—Definitions.
Section 32.32.230. Nonapproval of conversion unless acquisition of control within three years by certain companies prohibited.
Section 32.32.235. Plan of conversion—Charter restrictions permitted.
Section 32.32.240. Confidentiality of consideration to convert—Remedial measures for breach.
Section 32.32.245. Public statement authorized.
Section 32.32.250. Adoption of plan of conversion—Notice to and inspection by account holders—Statement and letter—Press release authorized.
Section 32.32.255. Statement, letter, and press release—Content permitted.
Section 32.32.260. Statement, letter, and press release—Contents prohibited—Inquiries.
Section 32.32.265. Notices of filing of application—Requests for subscription offering circular.
Section 32.32.270. Filing of notice and affidavit of publication required.
Section 32.32.275. Applications available for public inspection—Confidential information.
Section 32.32.280. Offers and sales of securities—Prohibitions.
Section 32.32.285. Distribution of offering circulars authorized.
Section 32.32.290. Preliminary offering circular for subscription offering—Estimated subscription price range required.
Section 32.32.295. Review of price information by director.
Section 32.32.300. Underwriting commissions.
Section 32.32.305. Consideration of pricing information by director—Guidelines.
Section 32.32.310. Submission of information by applicant.
Section 32.32.315. Subscription offering—Distribution of order forms for the purchase of shares.
Section 32.32.320. Order forms—Final offering circular and detailed instructions.
Section 32.32.325. Subscription price.
Section 32.32.330. Order form—Contents.
Section 32.32.335. Order form—Additional provision authorized—Payment by withdrawal.
Section 32.32.340. Time period for completion of sale of all shares of capital stock.
Section 32.32.345. Copies of application for approval to be filed.
Section 32.32.350. Nonacceptance and return of applications.
Section 32.32.355. Continuity of corporate existence.
Section 32.32.360. Form of application.
Section 32.32.365. Representations upon filing of application.
Section 32.32.370. Representations upon filing of application—Exception.
Section 32.32.375. Application to furnish information.
Section 32.32.380. Application—Additional information required.
Section 32.32.385. Omission of certain information permitted—Conditions.
Section 32.32.390. Offering circular—Certain manner of presentation of required information prohibited.
Section 32.32.395. Form and contents of filings.
Section 32.32.400. Conformance required to order prohibiting the use of any filing.
Section 32.32.405. Application—Certain named persons—Filing of written consent required.
Section 32.32.410. Offering circular—Certain named persons—Filing of written consent required.
Section 32.32.415. Date of receipt—Date of filing.
Section 32.32.420. Availability for conferences in advance of filing of application—Refusal of prefiling review.
Section 32.32.425. Appeal from refusal to approve application.
Section 32.32.430. Postconversion reports.
Section 32.32.435. Definitions.
Section 32.32.440. Certain agreement to transfer and transfers of ownership in rights or securities prohibited.
Section 32.32.445. Certain offers and announcements on securities prohibited.
Section 32.32.450. Certain offers and acquisitions prohibited.
Section 32.32.455. Nonapplicability of RCW 32.32.440 and 32.32.445.
Section 32.32.460. Nonapplicability of RCW 32.32.445 and 32.32.450.
Section 32.32.465. Nonapplicability of RCW 32.32.450.
Section 32.32.470. Approval of certain applications prohibited.
Section 32.32.475. Penalty for violations.
Section 32.32.480. Name of converted savings bank.
Section 32.32.485. Amendments to charter required in application—Articles of incorporation—Filing of certificate required—Contents—Issuance and filing of authorization certificate.
Section 32.32.490. Amendments to articles of incorporation.
Section 32.32.495. Directors—Election—Meetings—Quorum—Oath—Vacancies.
Section 32.32.497. Conversions incident to acquisition by savings bank holding company or merger or consolidation with savings bank holding company subsidiary—Application of RCW 32.32.110 and 32.32.115.
Section 32.32.500. Merger, consolidation, conversion, etc.—Approval—Concentration limits.
Section 32.32.505. Intent—References in the Revised Code of Washington.
Section 32.32.515. Guaranty fund.
Section 32.32.520. "Funds" defined.
Section 32.32.525. Prohibition on certain securities and purchases—Exception.