2013 Revised Code of Washington
Title 33 - SAVINGS AND LOAN ASSOCIATIONS
33.48 Stock associations.
33.48.180 Permit authorizing sale of stock -- Applicability.


WA Rev Code § 33.48.180 (2013) What's This?

RCW 33.48.180 Permit authorizing sale of stock — Applicability.

No association shall sell, take subscriptions for, or issue any stock until the association applies for and secures from the director a permit authorizing it to sell stock.

     This section does not apply to an offering involving less than five hundred thousand dollars nor to an offering made under a registration statement filed under the federal securities act of 1933 (48 Stat. 74; 15 U.S.C. Sec. 77a).

[1994 c 92 § 484; 1982 c 3 § 101; 1973 c 130 § 5.]

Notes:

     Severability -- 1982 c 3: See note following RCW 33.04.002.

     Severability -- 1973 c 130: See note following RCW 33.24.350.


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