Revised Code of Washington (RCW) (Last Updated: August 9, 2016) |
Title 32. WASHINGTON SAVINGS BANK ACT |
Chapter 32.32. Conversion of mutual savings bank to capital stock savings bank. |
Section 32.32.160. Minimum purchase requirement in exercise of subscription rights permitted.
Latest version.
- Any person exercising subscription rights to purchase capital stock may be required to purchase a minimum of up to twenty-five shares to the extent the shares are available (but the aggregate price for any minimum share purchase shall not exceed five hundred dollars).