Washington Statutes
§ 33.48.040 — Stock dividends, when.
Washington § 33.48.040
This text of Washington § 33.48.040 (Stock dividends, when.) 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 § 33.48.040 (2026).
Text
No dividends shall be declared on stock until the association has met the net worth and federal insurance requirements of the federal savings and loan insurance corporation. Subject to the provisions of this chapter, stock shall be entitled to such rate of dividend, if earned, as fixed by the board. Stock dividends may be declared and issued by the board at any time, payable from otherwise unallocated surplus and undivided profits.
Severability — 1982 c 3: See note following RCW 33.04.002 .
Severability — 1979 c 113: See note following RCW 33.04.020 .
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Related
§ 33.04.002
Washington § 33.04.002
§ 33.04.020
Washington § 33.04.020
Legislative History
[1982 c 3 s 93;1981 c 84 s 2;1979 c 113 s 14;1955 c 122 s 5.]
Nearby Sections
15
§ 33.04.002
Legislative declaration, intent—Purpose.§ 33.04.004
Short title.§ 33.04.005
Definitions.§ 33.04.020
Director—Powers and duties.§ 33.04.022
Director—Powers under chapter19.144RCW.§ 33.04.025
Rules.§ 33.04.030
Compelling attendance of witnesses.§ 33.04.060
Appellate review.Cite This Page — Counsel Stack
Bluebook (online)
Washington § 33.48.040, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/33.48.040.