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2022 Revised Code of Washington
Title 31 - Miscellaneous Loan Agencies
Chapter 31.20 - Development Credit Corporations.
31.20.040 - Minimum capital stock.
Universal Citation: WA Rev Code § 31.20.040 (2022)
RCW 31.20.040
Minimum capital stock.
No development credit corporation shall be organized with a capital stock of less than twenty-five thousand dollars, which shall be paid into the treasury of the corporation in cash before the corporation shall be authorized to transact any business other than such as relates to its organization.
[ 1959 c 213 ยง 4.]
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