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Revised Code of Washington (RCW) (Last Updated: August 9, 2016) |
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Title 32. WASHINGTON SAVINGS BANK ACT |
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Chapter 32.32. Conversion of mutual savings bank to capital stock savings bank. |
Section 32.32.295. Review of price information by director.
Latest version.
- The director shall review the price information required under RCW 32.32.290 in determining whether to give approval to an application for conversion. No representations may be made in any manner that the price information has been approved by the director or that the shares of capital stock sold pursuant to the plan of conversion have been approved or disapproved by the director or that the director has passed upon the accuracy or adequacy of any offering circular covering the shares.