Wash. Rev. Code § 32.32.050
Stock purchase subscription rights received by officers, directors, and their associates—Subordination
Washington · Revised Code of Washington Chapter 32.32 — Conversion of Mutual Savings Bank to Capital Stock Savings Bank · Status: effective
Cite this
- Citation
- Wash. Rev. Code § 32.32.050, Stock purchase subscription rights received by officers, directors, and their associates—Subordination, Washington, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1504243
- Permanent ID
ys:prov:1504243@1- SHA-256
c13d2cb682116842b9b4740985eab3ce06aaa6f8a88bb2d87a439ee8a6e9a59c
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Nontransferable subscription rights to purchase capital stock received by officers and directors and their associates of the converting savings bank based on their increased deposits in the converting savings bank in the one-year period preceding the eligibility record date shall be subordinated to all other subscriptions involving the exercise of nontransferable subscription rights to purchase shares pursuant to RCW 32.32.045.