Washington Statutes
§ 32.32.070 — Limitation on purchase of shares by officers, directors, and their associates—Amount.
Washington § 32.32.070
JurisdictionWashington
Title 32WASHINGTON SAVINGS BANK ACT
Ch. 32.32CONVERSION OF MUTUAL SAVINGS BANK TO CAPITAL STOCK SAVINGS BANK
This text of Washington § 32.32.070 (Limitation on purchase of shares by officers, directors, and their associates—Amount.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Wash. Rev. Code § 32.32.070 (2026).
Text
The number of shares which officers and directors of the converting savings bank and their associates may purchase in the conversion shall not exceed twenty-five percent of the total offering of shares.
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Legislative History
[1981 c 85 s 13.]
Nearby Sections
15
§ 32.04.002
Short title.§ 32.04.010
Scope of title.§ 32.04.012
Limits on loans and extensions of credit.§ 32.04.015
Duty to comply—Violations—Penalty.§ 32.04.020
Definitions.§ 32.04.022
"Mortgage" includes deed of trust.§ 32.04.050
Reports.§ 32.04.070
Certified copies of records as evidence.§ 32.04.100
Penalty for falsification.Cite This Page — Counsel Stack
Bluebook (online)
Washington § 32.32.070, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/32.32.070.