Washington Statutes
§ 32.32.450 — Certain offers and acquisitions prohibited.
Washington § 32.32.450
JurisdictionWashington
Title 32WASHINGTON SAVINGS BANK ACT
Ch. 32.32CONVERSION OF MUTUAL SAVINGS BANK TO CAPITAL STOCK SAVINGS BANK
This text of Washington § 32.32.450 (Certain offers and acquisitions prohibited.) 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 § 32.32.450 (2026).
Text
No person for a period of three years following the date of the conversion may directly or indirectly offer to acquire or acquire the beneficial ownership of more than ten percent of any class of an equity security of any savings bank converted in accordance with this chapter without the prior written approval of the director of financial institutions.
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Legislative History
[1994 c 92 s 396;1981 c 85 s 89.]
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 § 32.32.450, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/32.32.450.